Journal Communications has completed a deal that takes it to five radio stations in the Tulsa OK market. KBEZ-FM Tulsa and KHTT-FM Muskogee came from Renda Broadcasting.
The deal upgraded Journal’s cluster to superduopoly status, adding to its existing stations, KFAQ-AM, KVOO-FM & KXBL-FM.
“We are pleased to complete the purchase of these exceptional radio stations allowing us to bring the teams together to continue serving our listeners, customers and the entire Tulsa community,” said Journals’ Steven Smith.
The deal was valued at $11.8M. Michael J. Bergner of Bergner & Company advised Journal Communications on the transaction.