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Wilks Closes on $1.2M Sale of KTHX/Reno to Lotus
RADIO ONLINE | Friday, July 29, 2016 |
Wilks Broadcasting has closed on its previously announce sale of 12kW AAA KTHX-FM (100.1)/Reno, NV, to Lotus Communications for $1.2 million. With the closing, Wilks exits the Reno market and the radio business. Wilks is led by Jeff Wilks and Lotus is headed by Howard Kalmenson. Michael J. Bergner of Bergner & Co. was the broker in the transaction.
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