STATION SALES
Multistate Deal – Ron Stone-led Adams Radio Group has been acquired for $12.6 million by a group of investors doing business as Adams Radio Acquisition Co. Stephen Adams is Chairman and majority owner of Adam Radio Group which owns 18 radio stations in Fort Wayne and Valparaiso, IN; Las Cruces, NM; and Tallahassee, FL. The new entity is controlled by shareholders that were investors in Adams Radio Group when it was first formed in 2013. Broker: Kalil
Puerto Rico – TelevisaUnivision files to sell its radio stations on the island to Hemisphere Media Group in what amounts to a trade for the streaming video platform Pantaya. In a deal valued at $10 million, Hemisphere picks up Spanish CHR “KQ-105” WKAQ-FM San Juan and its simulcast…
