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Article: Radio Unica Communications Corp. Acquires Denver Radio Station KCUV-AM 1150.
- Article from:
- PR Newswire
- Article date:
- November 1, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Transaction Fits With Strategy to Own and Operate Stations in the Nation's
Top 15 - 20 Hispanic Markets
MIAMI, Nov. 1 /PRNewswire/ -- Radio Unica Communications Corp. (Nasdaq: UNCA), the first and only national, 24-hour Spanish language radio network in the U.S., announced that it has acquired radio station KCUV-AM 1150 in Denver from Den-Mex LLC for approximately $2.8 million in cash. Radio Unica operated the station pursuant to a local marketing agreement since June 8, 1999 prior to exercising its purchase option. Radio Unica's acquisition of KCUV-AM 1150 is subject to FCC approval and is expected to close in approximately 90 days.
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