Mapleton Closes On Purchase Of Regent Chico And Redding Clusters
November 30, 2006 at 3:43 PM (PT)
MAPLETON COMMUNICATIONS closes on its purchase of REGENT's CHICO and REDDING, CA clusters for $17.5 million. MAPLETON gets Top 40 KNNN (MIX 99.3), Soft AC KSHA (K-SHASTA), Oldies KRDG (OLDIES 105.3), Rock KRRX (106 X), Talk KQMS-A, and Sports KNRO-A (ESPN 1670)/REDDING and Classic Rock KFMF (KFM 93.9), Country KALF, Top 40-Rhythm KZAP (CLUB 96.7), and Modern AC KQPT (107 THE POINT)/CHICO in the deal.
MEDIA SERVICES GROUP's TOM MCKINLEY and GEORGE R. REED served as the seller's brokers for the transaction.