Entercom Closes On LFM Acquisition

Entercom Communications has announced that it has closed its acquisition of Lincoln Financial Media Corporation and will begin operating the LFM stations on Friday, July 17.

Entercom also announces that effective the same date it will commence operations of KSWD-FM Los Angeles under a time brokerage agreement with Bonneville International Corporation. At the same time, Bonneville will commence operations of Entercom’s Denver stations KOSI-FM, KYGO-FM, KKFN-FM and KEPN-AM under a TBA with Entercom.

This follows the Company’s announcement on July 14 of the settlement of certain regulatory requirements necessary to close the LFM acquisition.

Closing of the Bonneville-Entercom station exchange is subject to FCC approval and other customary closing conditions. Entercom expects this transaction to close by the fourth quarter of this year.