A Class C0 facility serving the St. George, Utah area and nearby Zion National Park has officially changed hands.
Kalil & Co. Inc. was the exclusive broker for this transaction, which was consummated in March 2015 and has finally gotten Commission approval.
On March 16, 2015, Craig Hanson-led Redrock Broadcasting agreed to acquire what was then KCDC-FM 102.3 — licensed to La Verkin, Utah — from Cochise Broadcasting LLC.
The price was not disclosed.
On Tuesday (12/5), Kalil & Co. announced that the FCC has finally approved the transaction.
The seller is a Wyoming-based broadcasting company headed by Ted Tucker, which owns stations in Arizona, Colorado, Idaho, New Mexico, Utah, and Wyoming.
A possible reason for the delay is the licensee’s relationship to Cochise Media Licenses, led by Ted Tucker Sr.
That entity in May 2017 entered into Consent Decrees with the FCC for failing to operate stations in Arizona for more than a handful of days over a period of several years.
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