The Free Lance-Star Publishing Co. (FLS), owner of the Free Lance-Star newspaper and 50-kW Country WFLS-FM, Rhythmic/CHR WVBX-FM, Classic Rock WWUZ-FM and News-Talk-Sports WNTX-AM in Fredericksburg, VA, has filed documents in the U.S. Bankruptcy Court in Richmond showing assets of $40.8 million against debt totaling $48.5 million, including $37.9 million owed to secured lender Sandton Capital Partners,
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The Free Lance-Star Publishing Co. (FLS), owner of the Free Lance-Star newspaper and 50-kW Country WFLS-FM, Rhythmic/CHR WVBX-FM, Classic Rock WWUZ-FM and News-Talk-Sports WNTX-AM in Fredericksburg, VA, has filed documents in the U.S. Bankruptcy Court in Richmond showing assets of $40.8 million against debt totaling $48.5 million, including $37.9 million owed to secured lender Sandton Capital Partners,
