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Entercom Chairman buys 60,000 shares



By AP
08 July 2008 @ 04:58 pm EST

NEW YORK - The chairman of radio broadcaster Entercom Communications Corp. bought 60,000 shares of stock, according to a Securities and Exchange Commission filing Monday.

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In a Form 4 filed with the SEC, Joseph M. Field reported he bought the shares for $6.39 to $6.61 apiece on Thursday.

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.

Entercom is based in Bala Cynwd, Pa.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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