Radio Biz: WGBF Parent Corporation Files IPO
According to our friends at insideradio. com, the parent corporation and owner of Townsquare Media, owners of WGBF and six other Evansville area radio stations, is going bigtime in the financial world.
Oaktree files IPO.
Oaktree Capital, the owner of such radio companies as Townsquare Media, Dial Global and Triton Media, has filed a $100 million IPO. Los Angeles-based Oaktree has taken the NYSE plunge to make it easier for fund managers to buy and sell shares in its various investment funds – not raise cash. Oaktree manages more than $80 billion in investments.