Simmons Media Completes Acquisition of KFTZ-FM & KOSZ-FM from Marathon Media
FOR IMMEDIATE RELEASE
May 22, 2001
Simmons Media Group, Inc., has closed on its purchase of radio stations KFTZ-FM and KOSZ-FM, Idaho Falls, ID, and the stock of Western Communications, licensee of radio stations KLCE-FM, KCVI-FM, KECN-AM, Blackfoot, ID, and KICN-AM, Idaho Falls, ID, from Marathon Media for $13.0 million cash.
KLCE-FM at 97.3 KCVI at 101.5, KFTZ at 103.3 and KOSZ-FM at 105.5 are all Class C FM stations that cover the Idaho Falls-Blackfoot-Pocatello market. The AM stations include KECN that operates at 690, KBLI at 1620 and KICN at 1260 with an expanded band CP.
Greg Merrill represented the parties in this transaction.