The securities litigation firm of Brower Piven, A
Professional Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of Dial Global, Inc., now
WestwoodOne, and other violations of state law by the board of directors of
Dial relating to the proposed merger of the Company with Cumulus Media, Inc.
The firm's investigation seeks to determine, among other
things, whether the board of directors of Dial breached their fiduciary duties
by failing to maximize shareholder value.
According to the press release announcing the proposed
merger, Dial shareholders will receive $0.155 for each share of Dial common
stock they own. The company's stock recently traded above the proposed merger
price.
Current common stock of Dial can learn more about the
investigation being conducted by Brower Piven by you may emailing or calling
Brower Piven, who will, without obligation or cost to you, attempt to answer
your questions.
Contact Brower Piven by email at hoffman@browerpiven.com,
by calling (410) 415-6616.
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