The bankrupt parent of talk-radio network Air America is close to being bought by a group of investors led by a New York-area family, The Wall Street Journal reported on Monday, citing sources.
The French family of Westchester, New York, owner of New York City-area television concern WRNN, is leading a group of investors in a bid to buy the assets of Piquant LLC, the Journal reported, citing people familiar with the situation.
Richard French Sr. has owned WRNN since 1993.
- Topic: Politics
- Topics: Media Watch, Radio
