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Wilks Closes On NextMedia Lubbock-Reno Deal
October 25, 2005 at 5:42 AM (PT)
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WILKS BROADCAST GROUP has closed on its purchase of eight stations- four each in RENO and LUBBOCK- from NEXTMEDIA for $34 million ($31 million cash, $3 million subordinated seller note). MICHAEL BERGNER served as broker for the deal.