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Sunday, May 18, 2014

Deals In Louisiana And Chicago Close

5-13-14

Media Venture Partners shares the news that Opus Media Partners, has closed on sale of its radio clusters in the Alexandria and Monroe, Louisiana, to Mapleton Communications. And, The Mile High Station Trust has closed the sale of WZSR-FM and WFXF-FM, serving suburban Chicago, to Matrix Broadcasting.

Both these sales represent the final dispositions of broadcast assets for these entities. More specifically, Opus recently closed the sale of its Tallahassee, Florida, cluster (where Opus was also represented by MVP), and the beneficiary of the Mile High Trust, NextMedia, closed the sale of its broadcast assets in various markets, including other Chicagoland stations, to Dean Goodman of Digity, Inc.



View the original article here