From the Tom Taylor NOW newsletter Tuesday AM:
“Two family-owned groups do a $85.5 million deal direct, with Minnesota-based Hubbard acquiring the Sandusky radio operations in Seattle and Phoenix. There won’t be an immediate LMA. Hubbard’s Ginny Morris says ‘this is an exciting opportunity to expand Hubbard Radio into two Top 20 markets.’ Each cluster has five stations. Seattle includes CHR KQMV (92.5), soft AC “Warm” KRWM (106.9), hot AC “Click 98.9″ KLCK, adult standards KIXI (880) and news/talk KKNW (1150).”