I would likely see these two changes taking place:
La Jefa and Radio Lobo would merge their formats, with 97.7 becoming La Jefa and the KJFA calls being transferred to 97.7, and then EMF would be free to use the KLVO calls to launch a future K-Love station.
I could see 106.7 The River move over to 105.1 replacing classic hip hop Yo! 105.1, since American General Media launched The River nearly a year ago.
The KJFA calls were sold with the frequency to Don Davis' group for $250,000. It's up to Mr Davis to decide what calls to put on the 101.3 frequency if he decides to use them.
As Kent suggested, the survivor name will be Lobo. It might incorporate elements of the Jefa programming,