From Radio Online:
"Signal Media Acquires KHLR-FM (94.9)/Little Rock
Signal Media has agreed to acquire CC's former Gospel KHLR-FM (94.9)/Little Rock, a 16kw signal licensed to Benton, AR, from the Aloha Station Trust for $2 million. The station, the third outlet that Signal owns in the market, joins Talk KABZ-FM and Classic Rock KPPT-FM. Signal is headed by Philip R. Jonnson.
The Aloha Station Trust currently houses stations that formerly were owned by Clear Channel, to hold spinoffs and stations that lost grandfather status when the company was purchased by Thomas H. Lee Partners and Bain Capital. (04-11-11)"
What will Signal Media do with this...flip? Any guesses?
"Signal Media Acquires KHLR-FM (94.9)/Little Rock
Signal Media has agreed to acquire CC's former Gospel KHLR-FM (94.9)/Little Rock, a 16kw signal licensed to Benton, AR, from the Aloha Station Trust for $2 million. The station, the third outlet that Signal owns in the market, joins Talk KABZ-FM and Classic Rock KPPT-FM. Signal is headed by Philip R. Jonnson.
The Aloha Station Trust currently houses stations that formerly were owned by Clear Channel, to hold spinoffs and stations that lost grandfather status when the company was purchased by Thomas H. Lee Partners and Bain Capital. (04-11-11)"
What will Signal Media do with this...flip? Any guesses?