Team Closes On KQBT Buy
July 31, 2008 at 10:57 AM (PT)
JOE O'NEILL's TEAM BROADCASTING, INC. has closed on the purchase of Rhythmic Oldies KQBT (101.7 THE BEAT)/RIO RANCHO, NM-ALBUQUERQUE from UNIVISION for $1.4 million. The station will likely now flip to Sports under the new ownership.
KALIL AND CO. served as exclusive broker for the deal.