Local radio stations bought by New Jersey company
Published: Dec 04 2012 05:18:46 PM EST
Updated On: Dec 04 2012 11:30:47 PM EST
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.
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