NRG, Red Beacon Close Nebraska Deal
February 5, 2008 at 12:58 PM (PT)
The sale of AC KNEN (MIX 94.7)/NORFOLK, NE and Classic Country KTCH-A and Oldies KCTY (OLDIES 104.9)/WAYNE, NE to MICHAEL FLOOD's RED BEACON COMMUNICATIONS, LLC by NRG MEDIA has closed. FLOOD paid $3 million for the stations.
KALIL AND CO. served as exclusive broker for the deal.