Big League Bdcstg Acquires KFNS-AM/FM & KRFT-AM from Missouri Sports Radio
FOR IMMEDIATE RELEASE
May 17, 2004
Big League Sports has agreed to purchase the assets of radio stations KFNS-AM/FM and KRFT-AM, St. Louis, Missouri, from Missouri Sports Radio, LLC, for $11,500,000.*
Big League Sports, from Atlanta, Ga. operates WQXI-AM, _790 _The Zone_ in Atlanta, under an LMA with Jefferson Pilot Broadcasting.
_St. Louis is one of the best sports towns in America. The region has great teams and even greater fans that are loyal and devoted to them,_ said Andrew Saltzman, Big League Broadcasting co-president. _We_re excited to be part of the St. Louis sports community by providing the most in-depth, compelling and entertaining sports radio. We also will preserve the current format and unique St. Louis spirit on both KFNS and KRFT,_ said Stephen Shapiro, Big League Broadcasting co-president.
Missouri Sports Radio_s principals include Greg Marecek, CEO and managing member, and approximately 20 other members. Marecek will remain with the new ownership.
Eddie Esserman represented the Buyer in this transaction.
* Pending FCC Approval