Cumulus Media Inc. (NASDAQ:CMLS) witnessed volume of 2.95 million shares during last trade however it holds an average trading capacity of 600,202.00 shares. CMLS last trade opened at $2.82 reached intraday low of $2.74 and went +0.71% up to close at $2.83.
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Cumulus Media Inc. (Nasdaq:CMLS) announced that it has signed a definitive agreement to acquire the remaining equity interests of Cumulus Media Partners, LLC that it does not currently own. CMP owns 32 radio stations in nine markets, including San Francisco, Dallas, Houston, Atlanta, Cincinnati, Indianapolis and Kansas City.