Townsquare goes public; prices IPO at $11 a share

By on Jul, 24 2014 with Comments 0

Townsquare Media GroupFour years after Townsquare was formed with a buyout of Regent Communications, radio’s third-largest station group is now a public company, as of 7/24. The Oaktree Capital-backed broadcaster is trading on the New York Stock Exchange. “TSQ” opened at $10.74. Townsquare is offering 8,333,333 shares of Class A stock.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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