Green Family Closes On Air America Purchase

It took a little more time than originally projected, but the sale of AIR AMERICA RADIO to real estate mogul STEPHEN L. GREEN's GREEN FAMILY MEDIA has closed.

Majority shareholder STEPHEN L. GREEN will serve as Chairman of the Board, and his brother, NEW YORK politician MARK GREEN, will be President, with SCOTT ELBERG staying on as COO. TERRY KELLY's PROGRESSIVE RADIO GROUP and ROB GLASER's DEMOCRACY ALLIES will be minority shareholders.

LinkHere