You probably won't notice it, but your favorite radio station may have a new owner.
99.9 The Hawk, ESPN Lehigh Valley and 93.5 SBG are three of ten radio stations that were sold to Connoisseur Media.
The Connecticut-based company bought stations in Pennsylvania and New Jersey from the creditors for Nassau Broadcasting.
A bankruptcy court signed off on the deal last week.
New Jersey-based Nassau entered bankruptcy protection proceedings last year.
Nassau was forced to auction off all of its radio station earlier this Summer.
The deal cost Connoisseur $40 million.

Comments