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Steinman Communications Completes Sale of Towers


Steinman Communications
Steinman Communications

Steinman Communications who announced earlier this week that it would sell its radio group in Wilmington/Havre De Grace and Milford DE, to Forever Media, has completed the sale of three broadcast towers in Lincoln DE, Berlin MD and Princess Anne MD to CTI Towers. CTI Towers either owns or operates over 500 towers in 39 states and is backed by Comcast Ventures and is headed by Tony Peduto.

Michael J. Bergner of Bergner & Co. brokered the transaction.

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