Brancadora Closes On Wibbage
July 8, 2009 at 5:21 AM (PT)
RICK BRANCADORA has closed on the acquisition of WILW/AVALON, NJ. Said BRANCADORA, "My wife NANCY and I am thrilled to have expanded our acquisitions. Within two weeks, WILW will become the 'NEW WIBG-FM @94.3." Additionally, we are relocating the FM transmitter from CAPE MAY Court House, to the suburban ATLANTIC CITY region at OCEAN VIEW, NJ, with a new power level of 6 kilowatts."
"The response to WIBBAGE FM has been nothing short of spectacular," continued BRANCADORA, "and the greater SOUTH JERSEY region is responding in a very powerful way. There will be optimum signal strength from the tip of CAPE MAY to north of ATLANTIC CITY, greatly expanding WIBBAGE FM's reach."
The sale price was $1.475 million.