Five stations still on the Last Bastion shelf


The Last Bastion Trust, formed to hold stations that were in need of divestiture following changes in the ownership structure of Citadel Broadcasting and put under the care of Media Venture Partners’ Elliot Evers, still has five stations in three markets that are looking for either a new owner or changes in the regulatory or local market cap situation to get out of the Trust.

One other, WMGL-FM Ravenel SC, in the Charleston SC market, has a buyer in a deal still pending.
There are three remaining stations in the Little Rock AR market, including KPZK-FM Cabot AR, KVLO-FM Humnoke AR and KOKY-FM Sherwood AR.

Available in the Lafayette LA market is KRDJ-FM New Iberia LA.

And finally, KBZU-FM, licensed to Albuquerque NM, is still available.

RBR-TVBR note: If you read this article, chances are you have more than a casual interest in the buying and selling of media properties. Much of what goes into a deal goes into the contract, and knowing what kinds of things should go into the contract can help you make a better deal. RBR-TVBR has just the book for you: a guide to deal-craft that will pay for itself.

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