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The planets are aligning to get the landmark Entercom-CBS Radio merger to the finish line, perhaps as soon as Nov. 17. In a crucial step, the Antitrust Division of the U.S. Department of Justice has cleared the $2.86 billion deal. Entercom, in turn announced a slate of required swaps with iHeartMedia and Beasley Media Group.

Also announced—a surprise local marketing agreement with Bonneville International.

The biggest gainer in the spinoff derby is iHeart, which will pick up four stations in Boston and three in Seattle in exchange for four stations in Chattanooga and six in Richmond, both new markets for Entercom’s growing Southeastern footprint. But “98.5 The Sports Hub” WBZ-FM isn’t part of the iHeart exchange. That crown jewel from the CBS-Boston cluster is going to Beasley, which will hand over longtime AC “Magic 106.7” WMJX plus $12 million in cash to Entercom.

The other player in the spinoffs is Bonneville, which isn’t buying anything; at least not yet. The company, which currently owns stations in Seattle, Phoenix, Denver and Salt Lake City, has agreed to program four stations in San Francisco and four in Sacramento under a Local Marketing Agreement with the Entercom Divestiture Trust that will begin when the mega-merger closes.

All told, Entercom will add 11 stations in the Boston, Chattanooga and Richmond markets. The iHeart and Beasley transactions are expected to close in the first quarter of 2018.

The complete list of stations in the swap with iHeart are:

Stations to be divested to iHeartMedia

Market

Current Owner

Station

Format

Boston

CBS Radio

WBZ-AM

News

Boston

CBS Radio

WZLX-FM

Classic Rock

Boston

Entercom

WKAF-FM

Urban Adult Contemporary

Boston

Entercom

WRKO-AM

News/Talk

Seattle

CBS Radio

KFNQ-AM

Sports

Seattle

CBS Radio

KJAQ-FM

Adult Hits

Seattle

CBS Radio

KZOK-FM

Classic Rock

iHeartMedia stations to be acquired by Entercom

Market

Station

Format

Chattanooga

WLND-FM

Adult Hits

Chattanooga

WKXJ-FM

Top 40

Chattanooga

WRXR-FM

Mainstream Rock

Chattanooga

WUSY-FM

Country

Richmond

WBTJ-FM

Hip Hop & R&B

Richmond

WRNL-AM

Sports

Richmond

WRVA-AM

News/Talk

Richmond

WRVQ-FM

Top 40

Richmond

WRXL-FM

Alternative Rock

Richmond

WTVR-FM

Adult Contemporary

In the Beasley leg of the deal, Beasley will receive one station in Boston and Entercom will receive WMJX-FM and $12 million in cash.

Station to be divested to Beasley

Market

Current Owner

Station

Format

Boston

CBS Radio

WBZ-FM

Sports

Beasley station to be acquired by Entercom

Market

Stations

Format

Boston

WMJX-FM

Adult Contemporary

And under the LMA with the Entercom Divestiture Trust, Bonneville will program four stations in San Francisco and four stations in Sacramento.

Stations to be programmed by Bonneville

Market

Current Owner

Station

Format

San Francisco

CBS Radio

KMVQ-FM

Top 40

San Francisco

Entercom

KBLX-FM

Urban Adult Contemporary

San Francisco

Entercom

KOIT-FM

Adult Contemporary

San Francisco

Entercom

KUFX-FM

Classic Rock

Sacramento

CBS Radio

KHTK-AM

Sports

Sacramento

CBS Radio

KNCI-FM

Country

Sacramento

CBS Radio

KYMX-FM

Adult Contemporary

Sacramento

CBS Radio

KZZO-FM

Hot Adult Contemporary

First announced Feb. 2, the blockbuster merger hit a speed bump Apr. 20 when Entercom received a “second request” for information from the DOJ. Since then, Entercom has worked behind the scenes with antitrust regulators to identify stations that would be spun off to satisfy their concerns. The antitrust division filed a civil antitrust lawsuit today (Nov. 1) in the U.S. District Court of the District of Columbia challenging the deal, and simultaneously filed a proposed settlement that would resolve the competitive harm alleged in the lawsuit.

The government’s agreement with Entercom is technically tentative for the next 60 days. During that period the DOJ will accept comments from the public after which it will either ask the court to finalize the judgment or make adjustments to the agreement based on the input.

The Justice Dept. notification comes as Entercom is scheduled to report third-quarter earnings Thursday morning. “Today’s announcements mark a significant milestone as we work to complete the transformational combination of Entercom and CBS Radio,” Entercom president and CEO, David Field, said in a news release. “While it is necessary to divest certain stations in order to secure regulatory approval, it is difficult to part ways with so many strong brands and, most importantly, their talented people. However, we are excited by the terrific new additions to our lineup that will bolster our position in Boston and expand our footprint in the Southeast. We look forward to unlocking the potential of the combined company to deliver value for our listeners, customers and shareholders.”

While the deal still needs to be approved by the Federal Communications Commission, the spinoffs will bring Entercom into compliance with FCC local ownership caps. The FCC typically waits for DOJ sign-off before greenlighting a deal of this magnitude.

With the DOJ’s blessing, and spinoff deals now in place, Entercom says it remains hopeful that the merger will close as soon as Nov. 17. Entercom shareholders are scheduled to vote on the proposed transaction on Nov. 15. That’s largely symbolic as Joe Field, the company’s founder and controlling shareholder, has already agreed to vote in favor of the transaction. CBS has set a Nov. 16 expiration date on the exchange offer, under which CBS shareholders can swap their shares of CBS Class B common stock for shares of CBS Radio common stock, which, once the merger closes, will convert into shares of Entercom Class A common stock.