Davidson Media Group to acquire two Rhode Island FM radio stations
Davidson Media Group announced today that it has entered into a definitive agreement to acquire two FM radio stations in the Providence, RI market area, WKKB 100.3 and WAKX 102.7 from Citadel Broadcast Group for a total of $7.5 million.
Davidson Media Group, based in Davidson, NC and New York City, is a leader in providingmulticultural, multilingual broadcasting to American radio audiences.
When asked about the acquisition, Peter Davidson, President of Davidson Media Group said, “The Providence market fits very nicely with our plans to expand multicultural programming and offer both listeners and advertisers greater opportunities.
For the first time the Providence area will have full market coverage Spanish radio on the FM dial, 24 hours a day, seven days a week.”
Davidson also acknowledged the efforts of the Super Max Radio Group who assisted in the transaction.
Davidson Media Group currently owns and operates radio stations in: Arkansas,
Connecticut, Kansas, Michigan, North Carolina, South Carolina and Virginia.
For additional information, contact:
Peter Davidson Davidson Media Group 670 Broadway New York, NY 10012 212 813 6775 pdavidson@davidsonmediagroup.com
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