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Saga Names Warren Lada Chairman, Rejects Buyout Offer From Smaller Broadcaster

SAGA COMMUNICATIONS has elected board member and former COO and Interim President WARREN S. LADA as Chairman, replacing Interim Chairman GARY G. STEVENS, who continues as a board member. New President/CEO CHRIS FORGY has been named as a director as well, filling the vacancy left by the death of ED CHRISTiAN.In addition, SAGA disclosed that it received and rejected an unsolicited offer by a "smaller broadcaster" to buy the company. The identity of the broadcaster was not disclosed, .

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