Marconi Media Ventures is please to announce the creation of Loveland Radio LLC. LR will serve as a transitional management company re-building the assets of KSXT-AM Radio in Loveland, Colorado.
Marconi is pleased to announce the sale of KIMB-AM to NE Colorado Broadcasting. The seller is Vic Michaels Kimball Radio, LLC. Marconi represented the seller. The total purchase price was $50,000.00 and closed in the summer of 2008.
Marconi is pleased to announce the sale of two FM Radio Construction Permits ("CP") to Alfredo Placencia's Lazer Communications of California serving the Bakersfield, CA radio markets. The purchase price was $3.7mm. The seller was Chris Devines' College Creek Radio, LLC. Marconi represented the seller.
Marconi is please to announce that New Radio Ventures, LLC of Colorado has secured a $2.5mm senior debt facility from CityWide Banks of Colorado for future acquisitions and market expansion. Marconi represented NRV in this banking transaction.
Marconi is please to announce that Telemundo Television has secured a senior debt facility for expansion into markets effected by Katrina in New Orleans, LA from WP Media Lending, LLC of Seattle, Washington. Marconi represented the borrower in this banking transaction.
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1 comments:
Chuck...You were always Top Gun. You have returned a classy sound to Denver radio. Let's all get K high!
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