Alpha Broadcasting Chairman Larry Wilson’s L&L Broadcasting has agreed to buy eight stations from the Border Media Business Trust for $31 million. They include KJXK, KLEY, KSAH-AM, KSAH-FM, KTFM, KTSA, KZDC and KHHL in the San Antonio area.
The deal will bring L&L’s portfolio to 43 stations: “These are a great cluster of radio stations located in a beautiful market that are operated by a very talented group of people,” said Wilson. “We are excited to add them to our growing company.”
Said Larry Patrick, broker and trustee of the stations: “We could not be happier to have found a wonderful home for our San Antonio stations. Larry Wilson and his L&L Broadcasting represent the best in broadcasting. We wish him continued great success with this cluster.”
Piper Jaffray & Co. assisted L&L Broadcasting in the deal and Patrick Communications was the broker for the Border Media Trust.
The stations and respective formats:
KHHL-FM 103.1 ESPN Deportes
KJXK-FM 102.7 Jack FM Adult Hits
KLEY-FM 95.7 La Ley Regional Mexican
KSAH-FM 104.1 / KSAH-AM 720 Norteño Regional Mexican
KTFM-FM 94.1 Top 40
KTSA-AM 550 News Talk
KZDC-AM 1250 ESPN-The Zone
The finer details:
KHHL-FM Karnes City, Texas
34,000 watts @ 592’ HAAT on 103.1 MHz
KJXK-FM San Antonio, Texas
100,000 watts @ 663’ HAAT on 102.7 MHz
KLEY-FM Jourdanton, Texas
11,000 watts @ 1,037’ HAAT on 95.7 MHz
KSAH-AM Universal City, Texas
10,000 watts day, 890 watts at night on 720 kHz
KSAH-FM and KSAH-FM1 Pearsall, Texas
100,000 watts @ 981’ HAAT on 104.1 MHz
KTFM-FM Floresville, Texas
40,000 watts @ 548’ HAAT on 94.1 MHz
KTSA-AM San Antonio, Texas
5,000 watts day, 5,000 watts at night on 550 kHz
KZDC-AM San Antonio, Texas
25,000 watts day, 920 watts at night on 1250 kHz
