Radio programmer Westwood One (WWON +3%) and radio advertising company Dial Global agree to...

|About: Westwood One, Inc. (WWON)|By:, SA News Editor

Radio programmer Westwood One (WWON +3%) and radio advertising company Dial Global agree to merge in a stock-for-stock transaction. Dial is a division of Triton Media, managed by Oaktree Capital, while WWON is a portfolio company of the Gores Group. It's a consolation prize for Alec Gores, who missed out on Borders and Warner Music.