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Simmons Sells St. Louis AM
November 4, 2009 at 4:04 AM (PT)
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SIMMONS MEDIA GROUP's SIMMONS-AUSTIN, LS, LLC is selling Sports WFFX-A/EAST ST. LOUIS, IL to ENTERTAINMENT MEDIA TRUST for $450,000. The buyer owns Oldies KZQZ-A (the former WIL-A)/ST. LOUIS and WXOZ-A/HIGHLAND-BELLEVILLE, IL and has also purchased Sports KRFT-A/UNIVERSITY CITY, MO-ST. LOUIS from BIG LEAGUE BROADCASTING's BIG STICK THREE, LLC.
The grant by the FCC of another deal involving a sale by SIMMONS has been rescinded. The company had sold its WACO cluster, AC KLRK (STAR 92.9)/MARLIN, TX; Country KRQX-A and Country KRQX-F/MEXIA, TX; and Sports KRZI-A (1660 ESPN RADIO)/WACO, to GARY MOSS' M&M BROADCASTERS, LTD. for $1.98 million in SEPTEMBER. The sale had been subject to an informal objection from DARYL O'NEAL, former SIMMONS AUSTIN Pres. and now Pres./CEO of INDEPENDENCE MEDIA HOLDINGS, filed on OCTOBER 22nd.