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Fly News Breaks for February 3, 2017
ETM
Feb 3, 2017 | 08:21 EDT
After Entercom (ETM) merged with CBS Radio, Wells Fargo says that the deal is positive for Entercom because it is accretive to its EPS and free cash flow per share, "provides scale," and could enable the company to raise its dividend. Wells keeps an Outperform rating on Entercom.
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