Less than four years ago, Cherry Creek Radio owned more than 60 radio stations in small and mid-sized markets in the western U.S.
In July 2014, the company began a new chapter when it agreed with a credit affiliate of Bain Capital to restructure itself and its balance sheet.
Among the stations Cherry Creek had in its stable at the time were two AM/FM combos east of I-25 in southeast Colorado. Now, Cherry Creek is selling the stations in a deal brokered by Kalil & Co.
It’s our top deal up for discussion in RBR+TVBR’s TRANSACTIONS TODAY for Feb. 13, 2018.
