TRADE IS MADE WITH CLEAR CHANNELCBS RADIO today announced it has completed its deal with Clear Channel Communications, Inc. to swap five mid-size market radio stations for two large market stations, moving forward in its strategy of divesting mid-size market stations to focus on large markets.

In the trade, Clear Channel has obtained CBS RADIO's KBKS-FM (Seattle), WQSR-FM (Baltimore), KXJM-FM and KLTH-FM (Portland, Ore.), and KQJK-FM (Sacramento, Calif.). In return, CBS RADIO has acquired two stations in Houston, the country's 6th-largest radio market, KLOL-FM (Mega 101.1) and KHMX-FM (Mix 96.5).

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