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artmorris
Administrator
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Posted: Tue Dec 9th, 2008 01:14 pm |
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Missouri
KKDY-FM/West Plains
PRICE: Undisclosed
TERMS: Asset sale for cash + other
BUYER: Three Rivers Communications, LLC., headed by President Paul Coates. Phone: 417-334-6003. It owns six other stations, including KWPM-AM & KSPQ-FM/West Plains, Mo.,
SELLER: Central Ozark Radio Network, Inc., headed by President Tom Marhefka. Phone: 417-256-1025
FREQUENCY: 102.5 MHz
POWER: 50kw at 486 feet
FORMAT: country
COMMENT: Central Ozark Radio Network, Inc.'s KKDY-FM/West Plains, Mo., and Missouri Ozarks Radio Network, Inc.'s KWPM-AM and KSPQ-FM/West Plains and KKUU-AM and FM/Willow Springs, Mo., to Three Rivers Communications, LLC. for $2.1M plus 90% of the stations accounts receivables from Aug. 1, 2008, to closing.
KWPM-AM & KSPQ-FM/West Plains, KUKU-AM & KUKU-FM/Willow Springs
PRICE: Undisclosed
TERMS: Asset sale for cash + other
BUYER: Three Rivers Communications, LLC., headed by President Paul Coates. Phone: 417-334-6003. It owns three other stations, including KKDY-FM/West Plains, MO.
SELLER: Missouri Ozarks Radio Network, headed by Owner Tom Marhefka. Phone: 417-256-1025
FREQUENCY: 1450 kHz; 93.9 MHz; 1330 kHz; 100.3 MHz
POWER: 1kw day/night; 100kw at 650 feet; 1kw day/52 watts night; 50kw at 492 feet
FORMAT: news/talk/sports; Jack; news/talk; oldies
COMMENT: Central Ozark Radio Network Inc's KKDY-FM/West Plains, Mo., and Missouri Ozarks Radio Network Inc's KWPM-AM and KSPQ-FM/West Plains and KKUU-AM and FM/Willow Springs, Mo., to Three Rivers Communications LLC for $2.1M plus 90% of the stations Accounts Receivables from August 1, 2008 to closing.
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XGM
Member
| Joined: | Tue Feb 6th, 2007 |
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| Posts: | 390 |
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Posted: Tue Dec 9th, 2008 05:39 pm |
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| Paul Coates is a very sharp guy...he knows what he is doing. A little to "Shepherd/Moberly" for me but it will probably work in smaller markets. Paul can make it work and he's a nice guy too. Last edited on Wed Dec 10th, 2008 01:47 am by XGM
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TheColonel
Member
| Joined: | Fri Jul 4th, 2008 |
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| Posts: | 145 |
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Posted: Mon Jan 26th, 2009 04:58 pm |
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Interesting article in today's RBRepaper:
RBRepaper Radio Business Report 1-26-09
Radio Trans. of the Week:
The White Coates are coming! The White Coates are coming!
That's right - Paul and Elizabeth Coates, and Fred and Barbara White, are getting five stations that will daisychain with two they already have in an unrated portions on Missouri, near Arkansas. Their Three Rivers Communications gets an AM and two FMs in West Plains MO and a combo in Willow Springs MO for $2.1M.
Hope they keep it "local"
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radiowp
Member
| Joined: | Fri Sep 5th, 2008 |
| Location: | Missouri USA |
| Posts: | 15 |
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Posted: Tue Mar 3rd, 2009 03:04 pm |
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| This sale did not go through. Tom Marhefka is in charge and plans to stay there.
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techpuppy
Member
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Posted: Wed Mar 4th, 2009 09:43 pm |
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The West Plains Daily Quill reported that the sale did not go through due to financing problems. I would imagine it's tough to get financing for such a purchase now.
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