Cumulus Media is acquiring Dial Global, which provides news, sports, music, talk and programming services to about 10,000 U.S. radio stations and other media platforms for $260M.

The No. 2 radio station owner also is selling 53 stations in 12 small and mid-sized markets to Townsquare Media for $238M and swapping another 15 small market stations for five of its stations in Fresno, the country’s No. 68 market.

Lew Dickey, CEO of Cumulus, said the deals provide CM "the necessary scale to provide the marketing and enterprise solutions to is advertising and affiliate partners."

The DG content will give CU's 440  station line-up and more than 5,000 affiliates access to NFL, NASCAR, NCAA, NBC News and AP News programming.

Clear Channel is the No. 1 radio network with about 800 stations.