August 22, 2013
III & W Broadcasting LLC has agreed to purchase KHLB FM and KZZM FM licensed to Mason, Texas from Munbilla Broadcasting Properties Ltd.* The buyer is headed by Tim Walker, a local Mason businessman. The seller is headed by Shane Fox and has other broadcast interests in Texas. The total consideration is $130,000.
Bill Whitley of the Dallas office of Media Services Group represented the seller as the exclusive broker in this transaction.
* Pending FCC Approval