It may not be the biggest deal of the year, but the parties have gone to the closing table for the sale of an FM CP licensed to Hay Springs, NE. $85,000 has changed hands and the deal is done.
The new owner of the DIY FM on 107.7 MHz is Chadrad Communications Inc., headed by Kathleen R. Brown. The company already owns KCSR-AM in nearby Chadron, NE, so this creates a new combo. The seller was Carlton L. Fitch’s Big Cat Broadcasting LLC.
Broker Jody McCoy of Media Services Group will be able to enjoy a steak dinner with his commission check.