EMMIS Communications Corporation has completed its previously-announced acquisition from Sinclair Broadcast Group Inc. of six St. Louis radio stations for $220 million. Also announced was the
completion of EMMIS' swap with Bonneville International Corporation of four EMMIS' St. Louis properties -- WKKX-FM and newly-acquired-from-Sinclair WIL-FM, WRTH-AM, WVRV-FM -- in exchange for KZLA-FM
in the nation's ##2 market, Los Angeles.
In Los Angeles, EMMIS will now own KPWR-FM (Power 106) and KZLA-FM (Country 93.9). In St. Louis, EMMIS will now own KSHE-FM (KSHE95), KPNT-FM (105.7 The
Point), KXOK-FM (The Rock), KIHT-FM (K-Hits 96) and WXTM-FM (104.1 THE MALL).