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INITIAL PUBLIC OFFERING OF 1 MILLION SHARES OF CLASS A COMMON STOCK OF MULTI-MARKET RADIO, INC. AT $7 PER SHARE

 NEW YORK, July 23 /PRNewswire/ -- Laidlaw Equities, Inc. and Sovereign Equity Management Corporation, as managers of the offering, announced the initial public offering on July 22, 1993 of 1 million shares of Class A common stock of Multi-Market Radio, Inc. at a price of $7 per share. Multi-Market Radio has been approved for quotation of its common stock on the NASDAQ Small Cap Market System under the symbol "RDIOA." All of the shares are being sold by the company.
 Multi-Market Radio, headquartered in New York, has been organized to own and operate radio stations in small- and medium-sized markets, primarily in New England and the Southeastern United States.
 NOTE: Copies of the prospectus may be obtained from Laidlaw Equities, Inc., 275 Madison Avenue, New York, N.Y. 10016
 -0- 7/23/93
 /CONTACT: Richard A. Liese, secretary of Multi-Market Radio, Inc., 212-980-4455/


CO: Multi-Market Radio, Inc. ST: New York IN: ENT SU: OFR

PS-SH -- NY020 -- 5035 07/23/93 09:49 EDT
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Publication:PR Newswire
Date:Jul 23, 1993
Words:162
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