Hochman Communications Completes Acquisition of KONI-FM from Dixon Broadcasting

FOR IMMEDIATE RELEASE

October 17, 2002

Hochman Communications has closed on its purchase of radio station KONI-FM in Maui, Hawaii, from Dixon Broadcasting for $1.15 million.


Hochman Communications also owns radio stations KTOH-FM and KITH-FM in Kauai, Hawaii.


Mitt Younts, Bob Maccini, Stephan Sloan and Tom McKinley initiated this transaction and represented the Seller in the negotiations.

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