EMF closes Reno from Wilks

By on Aug, 1 2014 with Comments 0

BergnerEMF Broadcasting (Educational Media Foundation) has closed on their purchase of Classic Rock KURK-FM-FM 92.9 Reno, Nevada, from Wilks Broadcasting for $1.25M. Michael J. Bergner of Bergner & Co. was the exclusive broker in this transaction.

The price was $1.25 million. Bergner tells RBR-TVBR: “EMF continues to fill in their remaining coverage holes-they are a A+ buyer and almost the only buyer out there that is buying sticks, however, they have acquired so many stations over the past 5-7yrs their target list is shrinking fast.”

 

About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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