Stephens files 2nd half of two-part Tulsa transaction


SoldStephens Family LP sold some fringe FM stations to the south and east of Tulsa back in April, and now we know why – the deal coincided with an LMA-to-buy a pair of strong Tulsa-area FMs from Shamrock Communications.

In the new deal, filed with the FCC just before the government shutdown, SFLP will be getting KMYZ-FM and KTSO-FM. The contract for the deal was written at about the same time as its sell-off of the other stations, and the need to sell them was memorialized in it.

Stephens Family is headed by Michael P. Stephens, David P. Stephens and Joy Stephens. Shamrock’s principal is radio veteran Robert J. Lynett.

Please Login to view this premium content. (Not a member? Join Today!)