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Citadel Founder Larry Wilson States Recent Bankruptcy as “a Tragedy”

Larry WilsonLarry Wilson modestly states that selling Citadel in 2001 was not genius as much as it was luck. He got out of the industry right before it drastically changed. The former Citadel owner gives his own analysis of what happened to Citadel after he sold it and states the ambitious $2.7 billion acquisition of most of Disney’s radio assets “was their undoing.”

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