Cherry Creek Radio Acquires the Stock of Wescoast Broadcasting, licensee of KPQ AM/FM & KWNC-AM, Wenatchee, WA

PRESS RELEASE

May 10, 2007

 

 

Cherry Creek Radio (Joe Schwartz, CEO) has agreed to purchase the stock of Wescoast Broadcasting, (John and Jim Wallace) licensee of radio stations KPQ AM/FM and KWNC-AM, serving Wenatchee, WA.*  The parties have entered into a time brokerage agreement, which commenced on May 1, 2007.

 

Cherry Creek Radio also owns KWWX-AM, KWWW-FM, KAAP-FM, KZPH-FM and KYSN-FM in the market.

 

Jody McCoy of Media Services Group_s Colorado office was the exclusive broker and represented the buyer in this transaction.

 

 

 

* Pending FCC Approval

 

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