Broken Bell: Carolina AM Station Deal Craters

0

The acquisition of a Class C AM radio station in Roanoke Rapids, Va., from Jimmy Johnson’s Johnson Broadcast Ventures, has been scrapped. What happened? The intended buyer is in default on a promissory note, and in lieu of a foreclosure auction, the transaction has been cancelled.

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)