Air America parent may find buyer: WSJ

[LTR]

NEW YORK (Reuters) - The bankrupt parent of talk-radio network Air America is close to being bought by a group of investors led by a New York-area family, The Wall Street Journal reported on Monday, citing sources.

The French family of Westchester, New York, owner of New York City-area television concern WRNN, is leading a group of investors in a bid to buy the assets of Piquant LLC, the Journal reported, citing people familiar with the situation.

An agreement could be announced as early today, it said.


http://www.washingtonpost.com/wp-dyn/content/article/2007/01/22/AR2007012200239.html
http://ltradio.blogspot.com/2007/01/air-america-close-to-sealing-deal.html

[ellacott]

1. I hope this means they won't changed their format....

..and let it remain a liberal talk station

[madrchsod]

2. so they bought what?

a failed business model? much to do about nothing

[davidwparker]

3. K&R

I love the French!