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|Educational Media Foundation Purchases KXOR-FM|
Educational Media Foundation has agreed to purchase KXOR-FM licensed to Thibodaux, LA. The Seller is My Home Media Team. The Buyer is a national group radio station owner and his headed by Mike Novak. The Seller has other radio interests in Texas and New Mexico and is headed by Susan Lucchesi, President.
The purchase price is $525,000.*
Bill Whitley of the Dallas office and George Reed of the Jacksonville office of Media Services Group served as the exclusive brokers representing the Seller.
*Pending FCC Approval