LETHBRIDGE, Alta. – Vista Radio announced Monday it will purchase Clear Sky Radio, which owns and operates two stations in Lethbridge as well as another in Cranbrook, B.C.
The three stations will join 41 Vista already owns in B.C., Alberta, Ontario and the Northwest Territories.
The stations sold are 94.1 CJOC (classic hits) and 98.1 The Bridge (modern AC) in Lethbridge, Alberta, and Summit 107 (AC) in Cranbrook, British Columbia.
“We are thrilled to add these well-loved stations to our portfolio, and to continue to serve listeners and advertisers in these excellent markets,” said Geoff Poulton, president of Vista Radio, in the release. “Our fundamental belief is that local radio makes a difference, and we will apply that philosophy to maintain and enhance the programming for listeners in Lethbridge, Cranbrook and their surrounding regions.”
Financial terms were not disclosed and the transaction is scheduled to close on December 31st.
"Based on Vista’s track record of commitment to the communities they serve we felt confident that they would continue to provide the high quality service expected and is the best fit for our employees, clients and the local community,” added Paul Larsen, president of Clear Sky Radio.
