Price For Citadel-Mapleton Spokane Deal: $22.5 Million
July 10, 2007 at 5:44 AM (PT)
The sale of CITADEL's SPOKANE cluster (NET NEWS 6/29) -- Adult Hits KBBD (BOB-FM), Country KDRK (CAT COUNTRY), Adult Standards KEYF-A (THE KEY), Oldies KEYF-F (OLDIES 101.1), News/Talk KGA-A (THE BIG TALKER), Sports KJRB-A (THE FAN), and Rock KZBD (THE BUZZARD) -- to MAPLETON COMMUNICATIONS is carrying a $22.5 million price tag. The price for the previously reported sale was disclosed in the contract filed with the FCC paperwork for the sale.
In other deals filed with the FCC, IDEAL MEDIA INC. is selling Spanish Tejano KUKA/SAN DIEGO, TX to GERALD BENAVIDES' CLARO COMMUNICATIONS LLP for $250,000. And EDGEWATER BROADCASTING is selling FM translators W237CO/RICHLAND CENTER, WI and W240BX/PLATTEVILLE, WI to NORTHWESTERN COLLEGE for a total of $6,400 ($4,000 for W237CO and $2,400 for W240BX).