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|JLE, Incorporated Purchases Two Louisiana Radio Stations|
JLE, Incorporated has agreed to purchase radio stations KCIL-FM and KJIN-AM serving the Houma, LA market. The Seller is My Home Team Media, LLC headed by Jim Anderson, Manager General Partner. The Seller has interests in KXOR-FM licensed to Thibodaux, LA as well as additional radio interests in the Corpus Christi, TX market, the Amarillo, TX market and the Clovis, New Mexico market. The Buyer is headed by Lisa Stiglets, President and has no other broadcast interests.
The sale price is $725,000.*
Bill Whitley of the Dallas office of Media Services Group and George Reed of the Jacksonville office of Media Services Group served as the exclusive brokers representing the Seller.
*Pending FCC Approval