Last Wilks Station Sold

By on Apr, 29 2016 with Comments 0

SoldJeff Wilks has sold his last radio station — KTHX-FM in Reno, Nevada.

We had reported on the sale earlier and now the paperwork has been filed with the FCC.

Lotus Radio Corp. is paying $1.2 million by wire transfer.

Lotus is paying a $100,000 deposit to be applied to the total purchase price.

KTHX is actually licensed to Dayton, Nevada and the deal includes an FM translator in Crystal Bay.

Michael J. Bergner of Bergner & Co. was the broker in this transaction.

About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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