Monday, December 7, 2009

Media Services Group announces the sale of KAKS-FM, Fayetteville, AR

Carroll County Broadcasters has reached an agreement to purchase KAKS FM serving Fayetteville, Arkansas from Davidson Media Arkansas Stations LLC. Carroll County Broadcasters is headed by Jay Bunyard who owns 16 Arkansas radio stations. Davidson Media is headed by Felix Perez ,CEO and owns 37 radio stations. The sale is pending FCC approval.The purchase price is $1,110,000.

Bill Whitley of the Dallas office of Media Services Group served as the exclusive broker for this transaction.