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Local radio stations bought by New Jersey company

By Manoj K. Shamdasani
Published On: Dec 04 2012 04:18:46 PM CST
Updated On: Dec 04 2012 10:30:47 PM CST

Local radio stations sold

You probably won't notice it, but your favorite radio station may have a new owner.

99.9 The Hawk, ESPN Lehigh Valley and 93.5 SBG are three of ten radio stations that were sold to Connoisseur Media.

The Connecticut-based company bought stations in Pennsylvania and New Jersey from the creditors for Nassau Broadcasting.

A bankruptcy court signed off on the deal last week.

New Jersey-based Nassau entered bankruptcy protection proceedings last year.

Nassau was forced to auction off all of its radio station earlier this Summer.

The deal cost Connoisseur $40 million.