Here's some detail on the objection, from the WFFX sale application:
ON OCTOBER 22, 2009, DARYL ONEAL FILED AN INFORMAL OBJECTION AGAINST AN APPLICATION FOR CONSENT TO ASSIGN THE LICENSES FOR FOUR RADIO STATIONS IN THE WACO, TEXAS MARKET FROM SIMMONS-AUSTIN, LS, LLC TO M&M BROADCASTERS, LTD. IN HIS INFORMAL OBJECTION, MR. ONEAL ALLEGED THAT SIMMONS-AUSTIN, LS, LLC MISREPRESENTED FACTS TO THE COMMISSION IN CONNECTION WITH AN INQUIRY INTO THE OPERATION OF KSLG(AM), ST. LOUIS, MISSOURI, AND FAILED TO COMPLY WITH A CONSENT DECREE. ON OCTOBER 30, 2009, SIMMONS-AUSTIN, LS, LLC SUBMITTED AN ANSWER TO THE INFORMAL OBJECTION DEMONSTRATING THAT THE ALLEGATIONS ARE WITHOUT MERIT. GIVEN THE SPECIOUS NATURE OF THE INFORMAL OBJECTION, THE APPLICANT PROVIDES THIS DISCLOSURE SIMPLY OUT OF AN ABUNDANCE OF CAUTION.
Obviously there's more to the story; and for the record I don't know Mr. O'Neal. As for who is trying to buy the Simmons stations, M&M Broadcasters (principals Gary Moss of Fort Worth and George Marti of Cleburne) has owned several stations in the Fort Worth and Waco areas in the past. They currently own KCLE 1460 Burleson (suburban Fort Worth) and KVTT (formerly KJSA) 1110 Mineral Wells, which targets the D/FW area.