Local radio stations trade hands
Salem Communications Holdings Corp. is selling a business-focused radio station and a Spanish Christian station to Immaculate Heart Media. Trading hands are “Radio Luz” 760 WLCC Brandon/104.3 W282CI Tampa and Business “1380 The Biz” WWMI St. Petersburg, RadioInsight reported. Salem also is selling the construction permit for 99.9 W260DM/St. Petersburg, as well as three properties in Miami, for a total sales price of $8.2 million.