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