Nebraska
KIMB-AM/Ogallala
PRICE: $50,000 TERMS: Asset sale for cash BUYER: Sterling Radio, LLC., headed by Manager/Member Alexander Creighton. Phone: 970-867-7271. It owns no other stations. This represents its entry into this market. SELLER: Kimball Radio, LLC., headed by Member Victor Michael Jr. Phone: 970-669-9200 FREQUENCY: 1260 kHz POWER: 50kw day/110 watts night FORMAT: Country BROKER: Chuck Lontine of Marconi Media Ventures
50 kilodollars for a 50 kilowatt station is now doubt a steal...but then again, Ogallala is a tough sell. That's out in the "get below a quarter tank of gas and you're screwed" area of Nebraska. There's literally nobody around for miles on end.
