SFX Broadcast Inc., a New York-based operator of radio stations, said yesterday that it will buy three Nashville, Tenn., radio stations for $35 million from Baltimore-based Sinclair Broadcasting Group, Inc.
The stations are WJZC-FM, WLAC-FM, and WLAC-AM.
Upon completion of the sale, Sinclair will own 31 radio stations. It also has agreements to buy 24 others.
Patrick Talamantes, Sinclair's director of corporate finance, declined to say why the company decided to sell the Nashville stations.