03 Oct 05 Univision Radio To Purchase KVBE-FM Fresno From Pappas Radio

Pappas Telecasting Companies and Univision Radio have entered into a definitive agreement under which Univision Radio will acquire KVBE-FM Hanford-Fresno, CA, from Pappas for $10 million cash. The transaction is subject to FCC approval. Effective immediately, Univision will program the station under a Time Brokerage Agreement until closing of the sale.

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