Posted: Mon., Jan. 31, 1994

W'wood One deal

Westwood One Inc. shareholders approved the previously announced deal in which Infinity Broadcasting Corp. will manage the business and operations of Westwood One.

Shareholders also approved the company's acquisition of Unistar Radio Networks Inc. for about $ 101.3 million and the sale of 5 million newly issued shares to Infinity Broadcasting Corp. The deal should close next month.


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