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Citadel Broadcasting Corporation was a Las Vegas, Nevada -based broadcast holding company. Citadel owned 243 radio stations across the United States and was the third-largest radio station owner in the country. [1] Just prior to Citadel's merger with Cumulus, only Clear Channel Communications (now iHeartMedia) and Cumulus Media owned more stations.
The company's stock, priced over $56 in 1999, then over $22 in 2004, was as low as $0.45 per share toward the end of 2008. Acquisition of Citadel Broadcasting and Dial Global. Starting in June 2010, Cumulus made multiple unsuccessful offers to buy out Citadel Broadcasting after its emergence from bankruptcy.
Kenneth C. Griffin. Kenneth Cordele Griffin (born October 15, 1968) is an American hedge fund manager, entrepreneur and investor. He is the founder, chief executive officer, co- chief investment officer, and 80% owner of Citadel LLC, [1] [2] a multinational hedge fund. He also owns Citadel Securities, one of the largest market makers in the ...
Citadel Communications Ltd. was an American private broadcasting company. It was based in Bronxville, New York and most recently owned 1 low-power television station on which it operated a regional 24-hour cable news channel. The company was founded in 1982 by former National Association of Broadcasters joint board chairman and current ...
A Citadel intermediary paid veteran Miami developer Tibor Hollo’s Florida East Coast Realty a record $363 million for the 2.5-acre parcel at 1201 Brickell Bay Dr. in April. Citadel, founded by ...
Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Founded in 1990 by Ken Griffin , it has more than $58 billion in assets under management as of January 2024 [update] .
Farid Suleman has been a director of Fairway Group Holdings since 2012. [2] Before that, he was the chairman and CEO of Citadel Broadcasting from March 2002 until the company's acquisition by Cumulus Media in 2011. [3] He previously spent 16 years working for Infinity Broadcasting Corporation (now CBS Radio) and 12 years at Westwood One.
Cumulus Media Networks was an American radio network owned and operated by Cumulus Media.From 2011 until its merger with Westwood One, it controlled many of the radio assets formerly belonging to the American Broadcasting Company (ABC), which was broken up in 2007; Cumulus owned the portion of the network that was purchased by Citadel Broadcasting that year.