Princeton, NJ — Nassau Broadcasting Partners,
L.P. (“Nassau”), a leading radio group in the Northeast, announced today
that it has closed on the purchase of two additional radio stations in
Vermont, WEXP-FM in Rutland and WVAY-FM in Wilmington, from the Vox
Radio Group. Nassau has been operating both stations under a local
marketing agreement since October 1, 2004.
In addition to these two stations, Nassau also recently acquired the
following stations in Vermont and New Hampshire from the Vox Radio
Group: 105.5 WJYY-FM and 93.3 WNHI-FM in the Concord, NH market; 107.1
WORK-FM, 100.9 WWFY-FM and 1450 WSNO-AM in the
Montpelier-Barre-Waterbury, VT market; 106.1 WHDQ-FM, 104.3 WWOD-FM,
96.3 WCFR-FM, 95.3 WSSH-FM, 107.1 WZSH-FM, 910 WNHV-AM and 1230 WTSV-AM
in the Lebanon-Rutland-White River Market. Nassau is currently operating
an additional station owned by the Vox Radio Group in the Concord, NH
market, 102.3 WOTX-FM, until it receives approval from the FCC for
transfer to Nassau.
“We are very pleased with the progress of our new station group in
Northern New England. WEXP-FM, Rutland and WVAY-FM, Wilmington are great
additions to this regional group and substantially enhance our local
presence in Vermont. We believe these markets, along with our other New
England markets, have great potential for growth and we are excited
about becoming an integral part of the communities our radio stations
serve” said Louis F. Mercatanti, Jr., President and Chief Executive
Officer of Nassau.
A privately held firm in Princeton NJ, Nassau Broadcasting Partners,
L.P. owns, operates or has agreements to acquire 52 radio stations in
New Jersey, Pennsylvania, Maryland, Vermont, New Hampshire and Maine.
Pro forma for pending transactions, Nassau is the 28th largest
broadcaster in terms of revenues and the 14th largest broadcaster in
terms of the number of radio stations in the United States. The
Company’s web site is www.nassaubroadcasting.com.