KGVL Radio, LLC has agreed to purchase the assets of radio station KGVL-AM and KIKT-FM from Susquehanna Radio Corporation

PRESS RELEASE

June 18, 2009

KGVL Radio, LLC has reached an agreement to purchase radio stations KGVL-AM and  KIKT-FM serving Greenville, Texas.  The buyer, KGVL Radio, LLC is headed by Alpha Horne and has no other broadcast interests.  The seller, Susquehanna Radio Corporation, is a subsidiary of Cumulus Media Partners which owns and operates numerous other broadcast properties.  The purchase price is $600,000.*

Bill Whitley of Media Services Group’s Dallas office served as the exclusive broker for this transaction.

*Pending FCC Approval

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