Sources: Interep unit to spin off as own rep firm

12/2/2008 | Radio Business Report

The McGavren Guild unit of Interep reportedly has in place funding to operate as an independent ad rep firm, subject to approval from the bankruptcy court trustees overseeing the dismantling of its parent company. The new entity could try to resign those among Interep's former roster of 600 to 700 stations, including the Spanish Broadcasting System client group, that have not yet committed to another rep firm.

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