August 28, 2017
Aerostar Communications, LLC, a Utah Limited Liability Company, Michael V. Call Manager has entered into an agreement to purchase KEGH-FM (Woodruff, UT) along with associated booster stations KEGH-FM1 (Ogden, UT), KEGH-FM2 (Bountiful, UT), KEGH-FM3 (Salt Lake City, UT), KEGH-FM4 (Provo, UT) from SLC Divestiture Trust II, James Burgoyne, Trustee. Purchase price is $1,100,000 cash.
KEGH-FM has been in the SLC Divestiture Trust II for 6 years. It was part of the Simmons Media Group Inc. required divestiture of stations in the Salt Lake market. Michael V. Call also has interest in Mav Radio Holdings Inc. license of KNIV-FM (Lyman, Wyoming) serving the Salt Lake-Ogden-Provo market.
A previous deal with AASAA Media LLC was approved by FCC in June of 2016 but did not close. Aerostar Communications, LLC is currently operating KEGH-FM under and LMA.
Greg Merrill of Media Services Group represented SLC Divestiture Trust II in this transaction.
Media Services Group provides brokerage services for radio stations, television stations, cell towers, and new media businesses.