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View Full Version : RoRo Investments Acquires Panama City Trio



Colorado Media Newsroom
May 2nd, 2022, 04:41 PM
From Radio Insight:

https://radioinsight.com/wp-content/images/2020/06/wrba-200x200.png (https://radioinsight.com/headlines/224922/roro-investments-acquires-panama-city-trio/)https://i0.wp.com/radioinsight.com/wp-content/images/2020/06/wrba.png?resize=200%2C200&ssl=1Roberta Fagan’s RoRo Investments LLC has agreed to acquire Great American Broadcasting’s three FMs in Panama City FL for $180,000.
RoRo will acquire Classic Hits “B95.9 (https://www.facebook.com/ClassicHitsB959/)” WRBA Springfield, Country “Kick’n 103.5 (https://www.facebook.com/Kickn1035/)” WKNK Callaway, and Variety Hits “105.1 Bob-FM (https://www.facebook.com/BobAtTheBeach)” WASJ Panama City Beac. The deal will be paid via a $100,000 promissory note and the remainder through the payment of any amounts past due under the station contracts.
After ceasing operations (https://radioinsight.com/headlines/171126/powell-broadcasting-to-cease-panama-city-operations/) of the three stations following Hurricane Michael in 2018, Powell Broadcasting sold them (https://radioinsight.com/headlines/172514/powell-sells-silent-panama-city-trio/) to Sam Rogatinsky’s Gulf Coast Broadcasting for $325,000 in December 2018. Rogatinsky turned around and sold them to Aaron Scott Lee’s Great American Broadcasting in July 2019 (https://radioinsight.com/headlines/178557/panama-city-trio-sold-again/) for $700,000.



more (https://radioinsight.com/headlines/224922/roro-investments-acquires-panama-city-trio/)