Aerostar Completes Purchase of KEGH-FM Woodruff (Salt Lake City), UT
December 21, 2017
Aerostar Communications, LLC, a Utah Limited Liability Company, Michael V. Call Manager has closed on the purchase KEGH-FM (Woodruff, UT) along with associated booster stations KEGH-FM1 (Ogden, UT), KEGH-FM2 (Bountiful, UT), KEGH-FM3 (Salt Lake City, UT), KEGH-FM4 (Provo, UT) from SLC Divestiture Trust II, James Burgoyne, Trustee. The purchase price was $1,100,000, cash.
KEGH-FM has been in the SLC Divestiture Trust II for 6 years. It was part of the Simmons Media Group, Inc. required divestiture of stations in the Salt Lake market. Michael V. Call also has interest in Mav Radio Holdings, Inc. license of KNIV-FM (Lyman, Wyoming) serving the Salt Lake-Ogden-Provo market.
A previous deal with AASAA Media LLC was approved by FCC in June of 2016 but did not close. Aerostar Communications, LLC, operated KEGH-FM under a LMA until the closing that took place this week.
Greg Merrill of Media Services Group represented SLC Divestiture Trust II in this transaction.