Sinclair Closes On Sale Of Seattle Stations To Lotus
SINCLAIR BROADCAST GROUP's SINCLAIR TELEVISION division has closed on the sale of News KOMO-A/SEATTLE-KOMO-F/OAKVILLE-SEATTLE, News-Talk KVI-A/SEATTLE, and Hot AC KPLZ (STAR 101.5)/SEATTLE to LOTUS COMMUNICATIONS for $18 million in cash and other considerations. RICHARD A. FOREMAN ASSOCIATES served as exclusive broker representing SINCLAIR in the deal.LOTUS First SVP JIM KALMENSON said, “Today begins an exciting era as we begin working with the amazing staff at these heritage radio ...
Source: allaccess.com