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Price For Townsquare/Idaho Sales Revealed
January 28, 2011: Townsquare Media announced earlier this week that it's selling six stations in Idaho to Rich Broadcasting, and now the price of the deal is disclosed in an FCC filing: Rich will pay $1.85 million for KID-AM & FM and KLLP-FM in Idaho Falls and KPKY-FM, KEGE-FM, and KWIK-AM/Pocatello.
Townsquare is keeping its four stations in Twin Falls.
Rich Broadcasting is headed up by Richard Mecham, formerly presient of Bonneville's KSL-AM and KSL-TV in Salt Lake City.
