Trustees of Kilgore College in Kilgore, Texas, have
unanimously approved selling the college's noncommercial FM station to the Educational Media Foundation for $2.46 million, reports the
Longview News-Journal. The other top bidder, NPR affiliate Red River Radio in Shreveport, La., could only offer less than half of the religious broadcaster's winning bid. Kilgore's president says the university wanted to pursue "the greater dollar value." (
Kilgore College press release.)
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