Finest City Forced To Put 91X, Z90 And Magic 92.5 Up For Sale

91X - one of 3 San Diego Stations Up For Sale

FINEST CITY BROADCASTING, which owns Alternative XETRA (91X), Rhythmic AC XHRM (MAGIC 92.5) and Top 40/Rhythmic XHITZ (Z90)/SAN DIEGO, is being forced to sell its assets because it defaulted on a loan. According to SDRADIO.NET, the loan, made in DECEMBER 2005 has been called due.

As stated in a legal notice published in the SAN DIEGO UNION-TRIBUNE, Bids for the stations are due in the morning of January 7th. KEVIN PETERSON of K & L GATES LLP is handling the sale in SAN DIEGO.

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