KKLF-AM Richardson Texas Sells For $1.25 Million
Claro Communications has agreed to purchase KKLF-AM, licensed to Richardson, Texas, from Joule Broadcasting. Claro Communications is headed by Gerald Benavides who has other radio broadcasting interests in Corpus Christi, Alice, and San Antonio, Texas. Joule Broadcasting is headed by Eddie Esserman and has several other radio station interests held in a trust from Cumulus Broadcasting. The purchase price is $1,250,000. Bill Whitley of the Dallas office of Media Services Group served as the exclusive broker for the transaction representing the seller.