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Radio One Sells LA Station; Approves Stock Buy-Back

Wireless News, March, 2008

Wireless News 03-26-2008 Radio One Sells LA Station; Approves Stock Buy-Back WIRELESS NEWS-March 26, 2008-Radio One Sells LA Station; Approves Stock Buy-Back (C)2008 10Meters - http://www.10meters.com Radio One announced that it has entered into an Asset Purchase Agreement to sell KRBV - FM, its radio station in Los Angeles, California, to Bonneville International, the Salt Lake City based broadcast and communications company.

The transaction price is approximately $137.5 million. The transaction is expected to close during the second quarter of 2008. Alfred C. Liggins, III, ...

 

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