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Citadel Sells KKAT-FM/Salt Lake for $5.75 Million
Citadel Broadcasting agreed to sell KKAT-FM (Country Legends 107.5)/Salt Lake City, a class C (43kw) to EMF Broadcasting in March. At the time, terms were not disclosed. But the filing with the FCC reveals that EMF, a Christian radio broadcaster, is paying $5.75 million. EMF is operating KKAT under a Local Marketing Agreement (LMA) and has flipped the station to Contemporary Christian as part of EMF's K-Love network. (08-19-10)
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