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Wnyc

New York Times Raises $45 Million With Sale Of WQXR-FM

Jul 14, 2009 2:36 PM

The New York Times Co. (NYSE: NYT) continues to pare its assets, this time with the sale of New York City classical music radio station WQXR-FM. In the complicated deal, which totals $45 million, Univision Radio will pay $33.5 million to swap its FCC 105.9 FM broadcast license and transmitting…

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Posted In: Media & Publishing, Radio, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, univision, wcaa, wnyc, wqxr

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