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Styles Closes On $120 Million KDAY-KDAI/L.A.Purchase
January 31, 2006 at 11:22 AM (PT)
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STYLES MEDIA GROUP has closed on the purchase of Top 40/Rhythmic KDAY-KDAI (93.5 K-DAY)/LOS ANGELES from SPANISH BROADCASTING SYSTEMS (SBS) and was officially consummated upon receipt of the final $65 million payment. STYLES contracted to purchase the stations for $120 million in SEPTEMBER of 2004 and had been leasing them under a time brokerage agreement.

