The Board of Directors of the Walt Disney Company and Citadel Broadcasting have approved a definitive agreement to combine ABC Radio with Citadel Broadcasting. The widely rumored merger, was finally u

The Board of Directors of the Walt Disney Company and Citadel Broadcasting have approved a definitive agreement to combine ABC Radio with Citadel Broadcasting. The widely rumored merger, was finally unveiled immediately after Wall Street stopped trading on Monday (Feb. 6) and just prior to the Disney quarterly conference call at 4:30 p.m. ET.