MBC Grand Acquires KSTR-FM from Leggett Broadcasting

For Immediate Release
July 2, 2004

MBC Grand, headed by Richard Dean, has agreed to purchase the assets of radio station KSTR-FM, serving Grand Junction, CO, and licensed to Montrose, CO from Leggett Broadcasting, Inc for $900,000. * Leggett Broadcasting is headed by Brad Leggett.

Jody McCoy was the exclusive broker representing the Seller in this transaction.