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HICKS MUSE CONFIRMS SFX DEAL, TOPS CBS IN RADIO WAVES

          Dallas-based Hicks, Muse, Tate & Furst Inc. confirmed
     Monday that it plans to pay $2.1B for radio company SFX
     Broadcasting, according to John Kirkpatrick of the DALLAS
     MORNING NEWS.  In addition, sources close to Hicks Muse said
     that the company's "next target" is expected to be American
     Radio Systems (ARS), the nation's fifth-largest radio owner,
     which would probably cost more than $2B.  The SFX deal
     "alone will push" Hicks, Muse to No. 1 in terms of revenue
     and audience size among U.S. radio broadcasters, ahead of
     Westinghouse/CBS.  Tom Hicks also owns the Stars (DALLAS
     MORNING NEWS, 8/26).  On the NASDAQ Monday, SFX class A
     shares jumped 9.2% to $74 1/8 a share (USA TODAY, 8/26).

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