Business Atlas

How Enterprise Is Built
Sign In
Text size
100%
Theme
Companies and Brands

American Radio Systems

Communication Services

American Radio Systems Corporation was a United States radio company that existed from 1993 until 1998. Its predecessor, Atlantic Ventures, was founded by Steven B. Dodge, Eric Schultz, Joseph Winn and Michael Milsom, and owned four Boston radio stations including WRKO and WEEI. The company was formed on 1 November 1993 by merging Atlantic Ventures with Multi Market Communications and Stoner Broadcasting System Holding. In August 1995 it announced plans to buy the Hartford stations WTIC-AM and WTIC-FM for 42 million dollars. In June 1998 it became a wholly owned subsidiary of Westinghouse under a merger in which shareholders received 44 dollars a share plus one share of American Tower common stock, at a then-record enterprise price of over 2.6 billion dollars.

Facts
Company Type
Company Type (category)
Public 1
Chronology
Dissolved Year
1998 1
Founded Year
1993 1
Connections

Companies Founded

Source Steven B. Dodge (Wikipedia)

Companies Led

Source Steven B. Dodge (Wikipedia)

Founded By

Source American Radio Systems (Wikipedia)

Led By

Source Steven B. Dodge (Wikipedia)

Operates In

Source American Radio Systems (Wikipedia)

Subsidiary Of

Source American Radio Systems (Wikipedia)
In the Other Atlases

Located In

Also in Geography Atlas: where this subject is located.

Source American Radio Systems (Wikipedia)Infobox: hq_location_city
Quote, Infobox: hq_location_city
Boston, Massachusetts
Sources
1. American Radio Systems (Wikipedia)
  • Lead
    radio company that existed from 1993 until 1998
  • Lead, dissolved-year
    was a radio company that existed from 1993 until 1998
  • Lead, company-type-category
    American Radio shareholders received $44.00 per share plus one share of American Tower common stock
  • Operates In: Broadcasting Industry, Lead, operates-in
    was a radio company that existed from 1993 until 1998
  • Subsidiary Of: Westinghouse Electric Corporation, Lead, subsidiary-of
    American Radio Systems became a wholly owned subsidiary of Westinghouse
  • Founded By: Steven B. Dodge, Lead, founded-by
    Its predecessor, Atlantic Ventures, was founded by Steven B. Dodge
  • In Group: Broadcasting, Lead section
    was a radio company that existed from 1993 until 1998
View the Source
Steven B. Dodge (Wikipedia)
  • Companies Founded: Steven B. Dodge, Lead, companies-founded
    He co-founded and was the founder, chairman and CEO of five companies including American Tower, American Radio Systems
  • Companies Led: Steven B. Dodge, Lead, companies-led
    He co-founded and was the founder, chairman and CEO of five companies including American Tower, American Radio Systems
  • Led By: Steven B. Dodge, Lead, led-by
    He co-founded and was the founder, chairman and CEO of five companies including American Tower, American Radio Systems
View the Source
Comments (0)
No comments yet. Be the first to share a thought.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.