American Radio Systems

American Radio Systems Corporation was a radio company that existed from 1993 until 1998. Its predecessor, Atlantic Ventures, was founded by Steven B. Dodge, Eric Schultz, Joseph Winn, and Michael Milsom. American Radio Systems was formed from the merger of Atlantic Ventures, which owned four Boston radio stations, including WRKO and WEEI with Multi Market Communications, Inc. and Stoner Broadcasting System Holding, Inc., on November 1, 1993.^[1]

American Radio Systems Corporation

Industry	Radio broadcasting
Founded	1993; 32 years ago (1993)
Founder	Steven B. Dodge
Defunct	2005; 20 years ago (2005)
Fate	Sold to Westinghouse
Successor	CBS Radio Entercom
Headquarters	Boston, Massachusetts , USA
Area served	United States
Key people	Steven B. Dodge
Parent	CBS Corporation (1997–2000) Viacom (2000–2005)

On August 14, 1995, American Radio Systems announced plans to acquire Hartford radio stations WTIC-AM and WTIC-FM for $42 million.^[2]

In June 1998, American Radio Systems became a wholly owned subsidiary of Westinghouse pursuant to a merger agreement. American Radio shareholders received $44.00 per share plus one share of American Tower common stock in a transaction valued at a then-record enterprise price of over $2.6 billion.^[3][4]