Merlin Closes on Philly Station
The sale of WKDN-FM in Philadelphia from Family Radio to Merlin has officially closed. The price is believed to be $22.5 million for the Class B facility. The station will be LMA'd back to Family Radio while Merlin continues to build its new facility. This gives Merlin, the company being run by Randy Michaels, stations in New York City, Chicago and Philadelphia.