Radio deals in TX, NC arrive at the finish line


The sale of a Texas AM station and an FM translators deals have come to a conclusion.

Vision Hispana Incorporated Internacional, headed by Hector Carrizales, is the proud owner of KSOX-AM in the McAllen-Brownsville-Harlingen TX market as its acquisition from Border Media Business Trust comes to a close. Larry Patrick is the trustee running the seller and his brokerage, Patrick Communications, handled the $250K deal.

The station, licensed to Raymondville TX, is one of the rare AMs that picks up strength after the sun goes down. The 730 kHz facility pumps out 520 Watts during the day and jumps to 850 Watts at night.

Brokerage Gene Ferry and Company reported a translator closing. The sale of W249BZ Greensboro NC from Educational Media Foundation to Truth Broadcasting Corporation went in the books at $35K.

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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