CTM Media Holdings Concludes Sale of its WMET Radio Station

CTM Media Holdings, Inc. (OTC Pink Markets: CTMMA, CTMMB), today announced that it had consummated the previously announced sale of the assets of its WMET radio station to Huffines Media. The buyer paid $1.3 million in cash and issued a promissory note for an additional $2.7 million in payment of the $4 million purchase price. […]

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CTM Media Holdings Signs Definitive Agreement for Sale of its WMET Radio Station and Announces Dividend

CTM Media Holdings, Inc. (OTC Pink Markets: CTMMA, CTMMB), today announced that on February 23, 2010, it executed an agreement to sell the assets of its WMET radio station for a sale price of $4 million in a combination of cash and a promissory note of the buyer that will be secured by the assets […]

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CTM Media Holdings Revises Number of Shares It is Offering to Purchase and Extends the Expiration Date of Its Tender Offer

STAMFORD, Conn.–(BUSINESS WIRE)–CTM Media Holdings, Inc. (OTC Pink Markets: CTMMA, CTMMB) today announced that it has revised the number of shares it is offering to purchase pursuant to, and extended the expiration date of, its previously announced tender offer for shares of its Class A common stock and Class B common stock, at a price […]

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CTM Media Holdings, Inc. Commences Issuer Tender Offer

CTM Media Holdings, Inc. (OTC Pink Markets: CTMMA, CTMMB) today announced it has commenced a tender offer to purchase up to thirty percent of its outstanding common stock. CTM Media Holdings is offering to purchase shares of its Class A common stock and Class B common stock, or any combination thereof, up to an aggregate […]

CTM Media Holdings, Inc. to Commence Issuer Tender Offer

STAMFORD, Conn.–(BUSINESS WIRE)–CTM Media Holdings, Inc. (OTC Pink Markets: CTMMA, CTMMB) today announced its intention to commence a tender offer to purchase up to thirty percent of its outstanding common stock. CTM Media Holdings intends to offer to purchase shares of its Class A common stock and Class B common stock representing up to thirty […]

IDT Corporation Announces CTM Media Holdings Spin-Off Date

NEWARK, N.J.–(BUSINESS WIRE)–IDT Corporation (NYSE: IDT; IDT.C) today announced that September 14, 2009 will be the distribution date for the pro rata tax-free spin-off of the common shares of CTM Media Holdings, Inc., a wholly-owned subsidiary of IDT, to IDT’s stockholders. The registration statement filed under the Securities Exchange Act of 1934 became effective on […]

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