Georgia partners to purchase KEZI

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Thursday, March 06, 2014

Heartland Media LLC and MSouth Equity Partners will buy the Eugene television station and its sister stations in Medford and Klamath Falls.

Heartland Media LLC and MSouth Equity Partners, a private equity firm that typically holds its investments five to seven years, are paying $30 million cash for the stations, Heartland CEO Bob Prather said in a telephone interview.

Prather said no changes are planned for the stations, which combined employ about 120 to 130 people.

Read more at the Register-Guard

 

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