FOR IMMEDIATE RELEASE December 3, 2001 Regent Communications, Inc. has agreed to purchase the assets of radio stations WLSP-AM and WRXF-FM, Lapeer, MI, from Covenant Communications Corporation for $1.3 million cash.* George R. Reed and Eddie Esserman of Media Services Group represented Covenant Communications Corporation in this transaction. * Pending FCC Approval
FOR IMMEDIATE RELEASE November 19, 2001 Cumulus Media, Inc. today announced its intention to purchase radio stations WQQK-FM, WNPL-FM and WRQQ-FM in Nashville, TN, from DBBC, LLC, for stock and assumed debt valued at approximately $84 million.* The stations are being exchanged for 5.25 million shares of the Company_s Class A Common Stock, the assumption of approximately $21 million worth …
FOR IMMEDIATE RELEASE November 16, 2001 Ortiz Broadcasting Corporation has agreed to purchase the assets of Channel 53 television and the Construction Permit (CP) for displacement channel 48 for WKOB-LP New York, NY, from WKOB Communications, Inc., for $7.0 million cash. Mitt Younts represented the seller in this transaction. * Pending FCC Approval
FOR IMMEDIATE RELEASE November 16, 2001 Small Town Radio, Inc. has agreed to purchase the assets of radio station WJFL-FM, Tennille, GA, from Fall Line Media, Inc. for $330,000.* George R. Reed and Eddie Esserman represented the Seller in this transaction. * Pending FCC Approval
FOR IMMEDIATE RELEASE October 31, 2001 John and Jean Kircher of Minot, ND, have agreed to purchase the assets of radio station KBTO-FM in Bottineau, ND, from Richard and Alice Ivers of Ivers Broadcasting, Inc. for $595,000.* KBTO operates at 101.9 mhz. The Kirchers have no other broadcast interests. William H. Lytle represented Ivers Broadcasting in this transaction. * Pending …
FOR IMMEDIATE RELEASE October 16, 2001 The Free Lance-Star Publishing Company of Fredericksburg, Virginia has completed the aquisition of the assets of WWUZ-FM, Bowling Green, Virginia from Rappahannock Communications, Inc. for $2.15 million cash. The Buyer publishes the daily newspaper Free Lance-Star and operates WFLS-FM, WYSK-AM, Fredericksburg and WYSK-FM, Spottsylvania, Virginia. The Seller has no other broadcast interests. Mitt Younts …
FOR IMMEDIATE RELEASE October 11, 2001 3 Point Media Utah, LLC has agreed to purchase the assets of KNFL-FM, Tremonton, Utah from Legacy Communications for $1,725,000.* KNFL-FM is licensed to Tremonton, Utah in northern portion of the state along the Idaho border. The station operates on 104.9mhz as a Class C FM programming oldies. Legacy Communications is headquartered out of …
FOR IMMEDIATE RELEASE October 11, 2001 Sun Valley Radio has agreed to purchase the assets of KGNT-FM, Smithfield, Utah from Legacy Communications for $775,000.* KGNT-FM is licensed to Smithfield, Utah immediately north of Logan, Utah where Sun Valley Radio owns a cluster of radio stations. KGNT-FM operates as a class A programming country music and serves Cache Valley area of …
FOR IMMEDIATE RELEASE September 25, 2001 Clear Channel Communications has completed the acquisition of radio station KVLT-FM, Victoria, TX, from Coastal Digital Broadcasting for $650,000. Jerry Benevides heads up Coastal Digital Broadcasting. Bill Whitley served as the exclusive broker in this transaction.
FOR IMMEDIATE RELEASE September 21, 2001 Millcreek Broadcasting, LLC has agreed to purchase the assets of KCUA-FM, Coalville, Utah from Community Wireless of Park City, Inc. for $2,260,000.* KCUA-FM is licensed to Coalville, Utah East of Salt Lake City and adjacent to Park City, Utah. KCUA operates at 92.5 Mhz with a CP to upgrade to a C3. KCUA-FM currently …