FOR IMMEDIATE RELEASE
March 18, 2003
Hightower Radio Inc. has entered into an agreement with North Texas Radio Group to purchase radio stations KNET-AM & KYYK-FM licensed to Palestine, Texas.
Hightower Radio Inc. is headed by Jason Hightower who also owns KMOO-FM, Mineola, Texas. North Texas Radio Group is headed by Dick Witkovski who also has several radio interests in North Texas and Oklahoma. The purchase price is $750,000.*
Bill Whitley represented the Buyer in this transaction.
*Pending FCC Approval