USA: Southeast radio stations sold in auction

By: Joe Bartels, Eyewitness News 4 - 06/15/2010

Some southeastern New Mexico radio stations have a new owner.

Roswell Radio Inc. once operated KBCQ 97.1 FM, KSFX 100.5 FM, and KMOU 104.7 FM in Roswell and other stations in Tucumcari, but on Tuesday Ingalls Holdings LLC bought Roswell Radio's assets at a foreclosure auction.

The new owner says the radio stations will continue to broadcast with no drastic programming changes scheduled as of yet.

Trisha Ingall was the long time part-owner of Roswell Radio from 1986 to 2003. Her former partner filed for bankruptcy and Ingalls holdings purchased Roswell Radio for more than $340,000.

The deal will also affect the ownership with Quay Broadcasting in Tucumcari.

Source: KOB.com - Southeast radio stations sold in auction http://bit.ly/aUqPJe

(Yimber Gaviria, Colombia)