This Asset Swap Is Full Of ‘Big Sky’

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Here’s a deal that involves a lot of “Big Sky.”


That’s because Cherry Creek Media has agreed to swap substantially all the assets of its radio stations serving the Helena, Montana, market to The Montana Radio Company in exchange for substantially all the assets of  three FM translators serving the Great Falls, Montana market; an FM radio station serving the Butte, Montana market; and cash.

The transactions will require four FM stations to be divested and are subject to FCC approval and other customary closing conditions.

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