Radio One (NYSE: Roia and RIOAK), the largest radio group targeting African-Americans in this country, was able to purchase 12 urban stations in the 50 largest markets from Clear Channel Communications, Inc (NYSE: CCU) in the winter of 2000. The stations were sold to Clear Channel Communications, Inc to get the Federal Communications Commission (FCC) license to acquire AMFM, Inc (NYSE: AFM). Radio One has also been in talks to acquire nine stations in Charlotte, NC, Augusta, Ga., and Indianapolis, Indiana. The proposed acquisition would double the size of Radio One. The case focuses on the strategic and financial assessment of the proposed acquisition. “Hide
by Richard S. Ruback, Pauline Fisher Source: HBS Premier Case Collection 15 pages. Publication Date: September 26, 2000. Prod. #: 201025-PDF-ENG
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