American Radio Systems terminates discussions with Marlin Broadcasting.BOSTON--(BUSINESS WIRE)--Dec. 7, 1995--Radio group operator American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Radio Systems Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMRD AMRD Army Modernization Reference Data AMRD Accidental Magic Reversal Department (Harry Potter and the Prisoner of Azkaban) AMRD Automatic Message Routing Device AMRD Ami Mega Raid ) today announced that it has terminated its negotiations with Marlin Broadcasting Inc. with respect to the possible merger of the two firms. These talks were first announced on Oct. 24, 1995. American Radio Systems Corp. began trading shares publicly on June 8, 1995 on NASDAQ. It presently owns 21 radio stations in Boston, Baltimore Baltimore, city (1990 pop. 736,014), N central Md., surrounded by but politically independent of Baltimore co., on the Patapsco River estuary, an arm of Chesapeake Bay; inc. 1745. , Hartford, Buffalo, West Palm Beach, Rochester and Dayton, and operates three radio stations in Austin pursuant to a time brokerage agreement. Marlin Broadcasting Inc. owns three stations in Philadelphia, Detroit and Miami. CONTACT: American Radio Systems Corp. Steven Dodge or Joseph Winn, 617/375-7500 |
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