Family Life Broadcasting System Inc. agreed to acquire WDRQ Inc from Cumulus Media Inc. (NasdaqGM:CMLS) for $10 million on June 8, 2023. David Corey, Cumulus Detroit Director of FM Programming exits the business. The transaction is subject to regulatory approval and is expected to close in the third quarter of 2023.

Family Life Broadcasting System Inc. completed the acquisition of WDRQ Inc from Cumulus Media Inc. (NasdaqGM:CMLS) on July 31, 2023. Kalil & Co., Inc. acted as buy-side financial advisor to Family Life Broadcasting System Inc.