Lonnie and Barbara Allsup are getting more than just an AM-FM combo in a deal in Clovis NM. Their Zia Broadcasting Co. will have a brand new double duopoly, with a very unusual item thrown in on the side.
For $600K cash, Zia is getting KWKA-AM and KTQM-FM in the small Arbitron-rated market. The combo will double up with Zia’s KCLV AM & FM.
The seller is Curry County Broadcasting Inc., headed by C. Hewel Jones and D. Madeene Jones.
The unusual item is a mobile home, suitable for habitation, and in fact inhabited by the Joneses up until closing. Zia is picking up this bonus item for an additional $100K.