Gaylord sells radio stations for $65 million

Posted: March 25, 9:50 p.m. CST
Nashville-based hotel company Gaylord Entertainment Co. is selling two radio stations, 95.5 WSM-FM and 99.7 WWTN-FM, to Cumulus Media for $65 million in cash.

The deal, announced Tuesday morning, could be completed in the third quarter, pending regulatory approval, the companies said.

Cumulus Media, whose subsidiary Cumulus Broadcasting is the nation