June 16, 2011
Aleluya Broadcasting Network (Roberto Villarreal, President) has agreed to purchase the assets of radio station KRCM 1380 AM, licensed to Shenandoah, Texas (Houston) with a CP to increase power to 2.8 kw from Voice Broadcasting, Inc. (Ralph McBride, President). The purchase price is $575,000 cash.*
Jody McCoy of our Colorado Springs office was the exclusive broker representing the seller in this transaction.
* Pending FCC Approval