For Mark Acker’s Metropolitan Radio is trying again to sell Hispanic-formatted combo KRMX-AM and KNKN-FM in Pueblo CO. The buyer this time is Dave Moore’s Exodus Broadcasting. According to broker John Pierce of John Pierce and Company, who represented the seller, the price is $500K. And earlier sale to United States CP didn’t make it to the finish line.
RBR/TVBR observation: Ready for another sign of the times? The earlier deal was priced at $1.75M, according to paperwork filed with the FCC 8/3/07. For those of you out there sitting on an acquisition warchest, the bargain basement times are upon us.