The merger is expected to close by the end of 2013, subject to the satisfaction of the closing conditions, however, there can be no assurances that the merger will close within such timeframe, or at all.About Dial Global, Inc.Dial Global is the largest independent national audio media company in the U.S., delivering compelling, engaging, and fully-integrated audio content to over 8,200+ radio stations and digital media companies. Dial Global's powerful portfolio of iconic media, sports and entertainment brands, combined with some of the most recognized live events in the world, provide strong and unique brand engagement to over 225 million consumers each week. For more information, visit www.dialglobal.com. Note to InvestorsThis press release may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of the Company. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K for the year ended December 31, 2012, filed with the SEC on April 1, 2013 and other reports provided or made available to our stockholders from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.