Radio One Inc. (NasdaqGM:ROIA.K) acquired additional 26.4% stake in REACH Media Inc. from certain minority shareholders for $2 million on December 31, 2012. Radio One Inc. now holds 80% stake in REACH Media.


Radio One Inc. (NasdaqGM:ROIA.K) completed the acquisition of additional 26.4% stake in REACH Media Inc. from certain minority shareholders on December 31, 2012.