Bonneville International announced a new trade of radio station clusters this week.
The company said Thursday that it has signed a deal with Entercom Communications to trade its three San Francisco radio stations in exchange for three Entercom stations in Seattle and four Entercom stations in Cincinnati.
Bonneville is trading KDFC-FM, KMAX-FM and KOIT-FM in San Francisco for KIRO-AM, KBSG-FM and KTTH-AM in Seattle and also for Cincinnati stations WKRQ-FM, WSWD-FM, WUBE-FM and WYGY-FM.
KIRO and KTTH were previously owned by Bonneville and sold to Entercom in 1997.
Bonneville said in a prepared statement that it views the transaction as a strategic extension of its business development and long-range planning.
Like the Deseret Morning News, Salt Lake-based Bonneville is owned by Deseret Management Corp., a holding company for businesses affiliated with The Church of Jesus Christ of Latter-day Saints.
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