CTM Media Holdings, Inc. Enters into a Multi-Year Agreement with its Chairman Howard Jonas

STAMFORD, CT. – CTM Media Holdings, Inc. (OTC Pink Markets: CTMMA, CTMMB) today announced a five plus-year agreement with its Chairman, Howard Jonas that commences on the expiration of the current agreement in October 2014. The agreement includes the grant of 38,796 restricted shares of CTM’s Class B common stock in lieu of a $50,000 […]

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CTM Media Holdings, INC. Announces Payment Of Special Dividend In Advance Of Tax Rate Increase; Suspension Of Regular Dividends For 2013

Stamford, Connecticut – The Board of Directors of CTM Media Holdings, Inc. (OTC Pink Markets: CTMMA, CTMMB) decided yesterday to pay a special dividend of $6.00 per share to holders of its Class A, Class B and Class C common stock. CTM has also suspended payment of its regular quarterly dividends for 2013. The special […]

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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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