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JBG Announces Sale of KOMJ-AM and Completion of Purchase of KMTV in the External News forum at Todd and Tyler Unauthorized Forums - MILWAUKEE, Mar 27, 2007 (BUSINESS WIRE) -- Journal Broadcast Group today announced that it has sold Omaha radio station KOMJ-AM, ...

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Old 03-28-2007   #1
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JBG Announces Sale of KOMJ-AM and Completion of Purchase of KMTV

MILWAUKEE, Mar 27, 2007 (BUSINESS WIRE) -- Journal Broadcast Group today announced that it has sold Omaha radio station KOMJ-AM, "Magic 1490," to Cochise Broadcasting LLC. Terms of the sale were not disclosed. Journal Broadcast Group is a Journal Communications' (NYSE:JRN) company.

Concurrently, Journal Broadcast Group completed the purchase of KMTV-TV, Channel 3, from Emmis Communications Corporation (Nasdaq:EMMS) and remitted to Emmis a final purchase payment of $10.0 million. Journal Broadcast Group had been operating KMTV under a local marketing agreement since December 5, 2005, pending approval by the Federal Communications Commission of the transfer of the television station license.

The KOMJ-AM transaction was brokered by Kalil & Company, Inc.

---

Original Article: Journal Communications, Inc. - News Release=
Source: Journal Communications, Inc.
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Old 03-28-2007   #2
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Re: JBG Announces Sale of KOMJ-AM and Completion of Purchase of KMTV

I miss the magic already.....
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Old 03-28-2007   #3
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Re: JBG Announces Sale of KOMJ-AM and Completion of Purchase of KMTV

Are they going to dump Travis Justice now?
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Old 03-28-2007   #4
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Re: JBG Announces Sale of KOMJ-AM and Completion of Purchase of KMTV

^Just not a fan of Trav, are ya?
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Old 03-28-2007   #5
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Re: JBG Announces Sale of KOMJ-AM and Completion of Purchase of KMTV

I don't know where you got that...
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