An offer by an unknown named person(s) has been made to La-Terr for all the assets to KTIB minus the building the station's building.
Vincent Bruno and John Treen were told by the bankruptcy court that a $200k deposit would stop bancurptcy proceedings and place the sale on hold but haven't as of the Wednesday deadline.
Vincent Bruno said that he will hopefully have it settled in court by the time the license comes up for changing.
For more information: http://houmatoday.com/apps/pbcs.dll/article?AID=/20060709/BUSINESS03/60709003/1001
RFLA
Vincent Bruno and John Treen were told by the bankruptcy court that a $200k deposit would stop bancurptcy proceedings and place the sale on hold but haven't as of the Wednesday deadline.
Vincent Bruno said that he will hopefully have it settled in court by the time the license comes up for changing.
For more information: http://houmatoday.com/apps/pbcs.dll/article?AID=/20060709/BUSINESS03/60709003/1001
RFLA