Also, let be for real, properties are depressed in Chicago. Add on....
Entercom is maxed out.
iHeart is heading for BKP themselves. (no credit line)
Cumulus is in BKP. (no transactions and credit is nil during bkp)
Hubbard can only have 1 more outlet to max out.
SBS, Alpha, Matrix have no liquid to spare.
Univision knows the Spanish language market is saturated and they are not in the buying arena.
Tribune is going Sinclair.
No one will come in to run a single signal in Market #3. Way too expensive. Cumulus will run into the same issue with WLS AM/FM when they are out of BKP.
You will see 101.1 go to Hubbard (my bet is this), EMF, another non-comm or minority entity. Polish or Indian a strong possibility. Weigel is an outside chance.
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