BE private equity. (Archway Acquisition).* Archway Broadcasting Group, a company formed by a group whose lead partner is Quetzal/ JP Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. Partners L.L.C. (No. 5 on the BE PRIVATE EQUITY list with $170 million in assets), recently acquired four North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. radio stations from Eastern Carolina Broadcasting Co. Inc. for $6.5 million in cash. In addition, Archway acquired the assets of two radio stations from Equity Broadcasting Corp. for $8 million in cash. The two radio stations serve the Little Rock, Arkansas Little Rock, Arkansas required military intervention to desegregate schools (1957–1958). [Am. Hist.: Van Doren, 556–557] See : Bigotry , market. Upon the completion of these deals and others still awaiting FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. regulatory approval, Archway will own 13 radio stations in three Southern markets. Managing members of Quetzal/JP Morgan Partners include Reginald J. Hollinger and Lauren Tyler (both pictured above). |
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