Cumulus Names KPMG as Auditor.Business Editors MILWAUKEE--(BUSINESS WIRE)--May 8, 2000 Cumulus Media Inc. (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 :CMLS CMLS Central Minnesota Legal Services CMLS Chemical Movement in Layered Soils CMLS Centralized Mail List Services (GSA) CMLS Contractor Maintenance & Logistics Support ) today announced it had engaged KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen LLP LLP - Lower Layer Protocol to serve as auditor of the Company's financial statements effectively immediately. "We have followed Cumulus cumulus: see cloud. with great interest since they became a public company in 1998," said Wayne Frankenfield, a Leader in the KPMG broadcasting practice. "They will be an excellent addition to our broadcasting client base. We are very pleased to have been chosen for the assignment." Richard Weening, Cumulus Executive Chairman, said, "KPMG's media practice is highly regarded throughout our industry. They have a nationwide team of media-experienced professionals that fit the Cumulus national footprint very well. We could not be more pleased to have them in our picture." Cumulus Media is the parent company of Cumulus Broadcasting, Inc., which, along with its other subsidiaries, owns and operates radio station clusters in mid-size markets. Assuming completion of all pending acquisitions and divestitures, Cumulus Media will own and operate 304 radio stations in 60 U.S. media markets. (c)1998 Cumulus Media Inc. All rights reserved. |
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