Radio Station hits the Auction Block

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– April 3, 2009Posted in: Urban/M - Urban/AC

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Media Services Group will conduct an auction for radio station KNRV-AM 1190 and an AM station in Phoenix. The licensee of the stations, New Radio Venture Inc., will enter into an asset- purchase agreement with the highest qualified bidder. Bids will be considered for the stations separately or together. KNRV sold for $5.5 million the last time it changed hand s in August 2006.

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