Jerry T. Hanszen Completes Acquisition of KPXI-FM from Inspirational Media of Texas, LLC

PRESS RELEASE

June 5, 2009

Jerry T. Hanszen has completed the acquisition of the assets of radio station KPXI-FM, licensed to Overton, TX from Inspirational Media of Texas, LLC (Salem Communications). The purchase price was $350,000.

Bill Whitley of the Dallas office of Media Services Group and Jody McCoy of the Colorado Springs office of Media Services Group served as the exclusive brokers in this transaction.

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