Alpha Media closes purchase of Four Lubbock Radio Stations from Wilks Broadcast Group, LLC
Alpha Media of Portland, Oregon announced today they have closed the purchase of four radio stations in the Lubbock, TX market from Wilks Broadcast Group LLC (“Wilks”). Stations include; KONE (FM) and KLLL (FM) in Lubbock, TX, KBTE (FM) in Tulia, TX, and KMMX (FM) in Tahoka, TX.
Alpha Media will add the Wilks Lubbock cluster to the ninety-five stations currently in the Alpha Media portfolio. When all pending deals are completed, it will bring the total number of stations owned by Alpha Media to ninety-nine. Larry Wilson, Chairman of Alpha Media commented on the acquisition, “We are fortunate to be able to follow respected and experienced broadcaster, Jeff Wilks and to have the opportunity to build upon the strong foundation he and his great Lubbock team have built with this outstanding radio cluster.”
Michael Bergner of Bergner & Company served as the exclusive broker to Wilks, and Golenbock, Eiseman, Assor, Bell & Peskoe served as legal advisor to Wilks in this transaction.