Westwood One chairman buys shares

By Associated Press
June 27, 2008
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The chairman of radio programmer Westwood One Inc. bought 50,000 shares of stock, according to a Securities and Exchange Commission filing Thursday.

In a Form 4 filed with the SEC, Norm Pattiz reported he bought the shares for $1.13 apiece on Wednesday.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Westwood One is based in New York.
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