U.S. Broadcast Group for sale.NEW YORK--(BUSINESS WIRE)--Jan. 10, 1997--Jason Elkin, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the U.S. Broadcast Group (USBG), announced today that the company has decided to divest all of its broadcast properties. The stations include: WMGC-TV/ABC/Binghamton, New York; WVNY-TV/ABC/Burlington, Vermont; KJAC-TV/NBC/Beaumont, Texas; KFDX-TV/NBC/Wichita Falls, Texas; KSNF-TV/NBC/Joplin, Missouri; WWCP-TV/FOX/Johnstown, Pennsylvania and WATM-TV/ABC/Altoona, Pennsylvania. Elkin further announced the retention of Communications Equity Associates, Inc. (CEA CEA carcinoembryonic antigen. CEA abbr. carcinoembryonic antigen CEA (Carcinoembryonic antigen) ) as exclusive investment advisors to assist USBG in the sale process. The company expects to conclude the sale in the second quarter of 1997. All inquiries should be directed to CEA at 212-319-1968. No inquiries to the stations please. CEA is an investment and merchant banking firm specializing in the media, entertainment and communications industries. CEA is a member of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. and its professional associates are registered with the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . Member SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . CONTACT: CEA, Inc. Bill Lisecky, Exec. VP, NY - (212) 319-1968 or US Broadcast Group Jason Elkin, CEO, Atlanta - (404) 256-4444 |
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