Note: This is a corrected version of a story posted to RBR.com with factual errors on Nov. 6. We regret the inconvenience.
Hog Radio has a presence in Walmart’s home region of Northwest Arkansas, where it owns four stations.
Now, it is selling four FMs and an AM in Arkansas in a move made by longtime broadcaster Jay Bunyard.
Hog Radio and Carroll County Broadcasting, both owned by Bunyard, are selling the following group of stations to Horne Broadcasting:
The deal is valued at $3.425 million.
Serving as Bunyard’s legal counsel is Davina Sashkin of Fletcher Heald & Hildreth.
The stations will be operated under the Horne Radio name and serve the Fayetteville, Ark., market. It presently does not operate there.
Hog Radio’s four stations have booming signals over the market. They are presently related, but not co-owned, with KTHS-AM in Green Forest and KTHS-FM in Berryville, Ark., plus two FM translators.
Those stations are licensed to Carroll County Broadcasting.