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Excel Closes on Buy of KPTY/Beaumont-Port Arthur
RADIO ONLINE | Friday, March 7, 2014 |
Excel Media LLC has closed on its previously announced acquisition of 50kw Spanish KPTY-FM (Tu Musica 105.3) licensed to Winnie, TX, and serving Beaumont-Port Arthur from Tichenor License Corp., a division of Univision Radio. The buyer, Excel Media, is a Texas-based company headed by John Walton and has no other broadcast interests. Kalil & Co. Inc. represented the seller in this transaction, while Sandi Bergman of mymediabroker.com represented the buyer.
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