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Republic Broadcasting Corp., Cincinnati, OH, was formed in 1983 by two former executives of Taft Broadcasting to purchase radio stations. Northwood participated in the buyout of the initial stations and invested in a subsequent round to finance the purchase of additional stations. In 1986, Republic was sold to Jacor Communications for cash and stock, which we subsequently sold in 1987. Jacor merged with Clear Channel Communications (now iHeart Media) in 1999.

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