Memphis closing makes trio


The Westenberger family has closed on its third AM in the Memphis market. The Christian broadcaster has added KQPN, which had been broadcasting a Sports format on 730 kHz.

The deal in Arbitron market #49 carried a price tag of $400,000, paid in cash. The seller was Simmons Media Group.

KQPN, licensed to West Memphis, AR, joins WMQM-AM Lakeland, TN and WLRM-AM Millington, AR in the Westenberger Memphis cluster.

Dual brokers on the deal were Larry Patrick and Greg Guy of Patrick Communications for the seller and John Pierce of John Pierce & Company for the buyer.

RBR-TVBR note: Now available RBR-TVBR’s ‘2010’ new guide to help chart a course through the treacherous waters of buying, owning and selling radio or television stations.
Click to purchase:  “Profitably Buying and Selling Radio Stations,” or 1-800-288-4677, ext. 5022 for $49.95, paperback, $39.95, e-book.