Stephens family strikes again


Before the virtual ink even had a chance to dry on reports of KXOJ Inc.’s move to the northeast from its Oklahoma base, they took the Watertown NY outpost acquired from Regent for 6.25M and turned it into a regional group with another acquisition. This time David Stephens and company are picking up in unrated territory adjacent to both Watertown and Canada. Seller Martz Communications is parting with WMSA-AM Massena, WVLF-FM Norwood, WRCD-FM/WNCQ-FM Canton, WYSX-FM Morristown & WPAC-FM Ogdensburg. KXOJ is parting with 5.25M give or take. As in the Regent/Watertown deal, Dick Foreman of Richard A. Foreman Associates represented the seller and John Pierce of John L. Pierce & Company represented the buyer.