The powers that be at Trevecca Nazarene University recently filed to sell WENO-AM Nashville TN to Anchor Radio, and now have announced a deal to sell their Nashville FM stations. The buyer will be a company associated with religion-oriented Bott Radio Network.
The stations are WNAZ-FM and WNRZ-FM, and they will be sold, along with associated translators, to Bott’s Community Radio Inc. Bott Communications is licensee of WCRT-AM Donelson, operating in the market on 1160 kHz.
According to broker John Pierce, who handled arrangements for both sales, Bott is one of the handful of hybrid radio groups in the US that operates divisions in both the profit and non-profit modes, and CRI is BRN’s noncommercial counterpart.
The price for the two FMs will be $2M.
The deal filed earlier for WENO went into the books at $335K.
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