Monday, July 11, 2011

Media Services Group sells four Texas stations in bankruptcy deal

Bill Whitley (Media Services Group, Dallas) has completed a four station sale in a bankruptcy action. Randal Osherow, Bankruptcy Trustee, pursuant to an order of the United States Bankruptcy Court Western District of Texas, sold a four radio station cluster serving Fredericksburg, Texas to Norbert Fritz. Neither party has other broadcast interests. The purchase price is $700,000. The sale is subject to FCC approval.

The radio stations include:

KNAF-AM Fredericksburg
KNAF-FM Fredericksburg
KFAN-FM Johnson City
KEEP-FM Bandera

George
Media Services Group