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Family Radio to Acquire WFFI/Nashville for $2.1 Million


Family Radio
Family Radio

In a filing with the FCC, Educational Media Foundation (EMF) has agreed to sell 1.15kW WFFI (Air1) in Kingston Springs, TN -- serving Nashville, to Family Stations Inc., or Family Radio, for $2.1 million. Pending FCC approval, a $105,000 escrow deposit is being held, to be paid at closing. The buyer is represented Kathleen Victory of Fletcher, Heald & Hildreth, while Wilkinson Barker Knauer's David Oxenford represents the seller. Robert H. Branch was the sole broker for Family Radio.

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