Townsquare Media Files IPO

Publish date:

Townsquare Media Files IPO

Jun 24, 2014 1:40 PM

Tuesday, June 24 2014 - Townsquare Media LLC is filing for IPO. After the IPO the company will be renamed Townsquare Media Inc.

Townsquare Media operates 47 studios, 326 towers, digital advertising, and marketing services, as well as a network of local station and national music-oriented websites. The company has more than 2,500 employees and as of March 31 had debt of about $645 million.

The number of shares to be offered and price has not yet been announced.