Agreed.
When CBS sold the station, perhaps the new owner saw a hole in the market.
IIRC correctly, CBS sold the cluster to Regent, which two years later spun off WECK as part of it's own sale to Townsquare. The other stations ended up with the bankruptcy situation in 2010 and the merger of what was the Regent Trust into Townsquare.
The price of the Regent purchase from CBS was $125 million.