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L&L picks up San Antonio cluster

$31M KJXK-FM/KTSA-AM/KZDC-AM, KHHL-FM, KLEY-FM, KSAH-AM, KSAH-FM & KTFM-FM San Antonio TX (San Antonio, Karnes City, Jourdanton, Universal City, Floresville TX) from BMP San Antonio License Company LP, a subsidiary of Border Media Business Trust (W. Lawrence Patrick) to L&L Broadcasting LLC (Lawrence R. Wilson). Based on press release, 6.25xBCF. $2.5M escrow, balance in cash at [...]

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