Lotus Closes on KFWB-AM/Los Angeles for $11.2M

RadioInsight Community Forums West Coast Los Angeles Lotus Closes on KFWB-AM/Los Angeles for $11.2M

The login box issue should be resolved. If you are still having issues you can still use the alternate link, but please inform us so we can investigate.

This topic contains 0 replies, has 1 voice, and was last updated by  Bill Recto 1 year, 3 months ago.

Viewing 1 post (of 1 total)
  • Author
  • #173062

    Bill Recto



    Here is an update for KFWB-AM


    Lotus Communications Corp. has closed on its previously announced acquisition of 5kW KFWB-AM (980)/Los Angeles from Universal Media Access KFWB-AM LLC for $11.2 million. Lotus is a California-based company headed by President/CEO Howard Kalmenson, and First Senior VP Jim Kalmenson, while UMA is a Delaware LLC company. Lotus also owns radio stations in Los Angeles, Las Vegas, Tucson, Fresno, Bakersfield, Reno and Sacramento, along with two television stations in Houston and Phoenix. Kalil & Co. brokered the transaction.

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.