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JACOR ANNOUNCES FCC APPROVAL

 CINCINNATI, April 26 /PRNewswire/ -- Jacor Communications, Inc., (OTC Bulletin Board: JCORA), announced today that the Federal Communications Commission has approved the transfer of control of the company to Zell/Chilmark Fund L.P. As a result, all outstanding non- voting stock has become voting stock, and Zell/Chilmark now owns 93.48 percent of the outstanding voting shares of the company.
 Jacor Communications, Inc., headquartered in Cincinnati, currently owns ll radio stations, a cable television system and the Georgia Network. The company also operates 3 additional stations through time brokerage agreements in two of its markets. The company's stations are located in Atlanta, Cincinnati, Denver, Jacksonville, Knoxville and Tampa.
 -0- 4/26/93
 /CONTACT: R. Christopher Weber of Jacor Communications, Inc., 5l3-62l-l300/
 (JCORA)


CO: Jacor Communications, Inc. ST: Ohio IN: ENT SU:

BM -- CL022 -- 0837 04/26/93 15:04 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
Words:141
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