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Investor Seeks To Block Cumulus' $260M Dial Global Buy

By David McAfee ( September 20, 2013, 7:45 PM EDT) -- A shareholder of radio broadcaster Dial Global Inc. hit the company's board of directors with a proposed class action in New York state court on Wednesday, alleging they breached their fiduciary duties by agreeing to sell the company to Cumulus Media Inc. for $260 million....

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