[BC] KFRC becomes KEAR
PeterH5322@aol.com
PeterH5322
Fri Dec 16 04:10:31 CST 2005
In a message dated 12/15/05 11:42:59 PM, barry at oldradio.com writes:
> Is it Family, or something called UPN Stations?
>
UPN was an intermediate owner, but Viacom ultimately owns UPN, just as Viacom
ultimately owns Infinity.
A direct sale from Infinity to FRN may have been too complicated, or may have
had some tax or other implications, so a suitably circuitous route was used,
probably using "shelf" corporations as intermediaries.
Possibly something like Infinitiy to infinity Oldco to FRN Newco to FRN.
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