“We are very happy a wonderful group of people has entered into a contract with Waller Media LLC,” she said. “The new company will be East Texas Results Media LLC. It’s Michael D. Huckabee, Paul Coates and Libby Coates. They are all from Arkansas, where Dudley Waller, my dad, was from.”
The acquisition was first reported in InsideFortSmith.com, which said, “Paperwork was filed with the FCC on Monday for Huckabee’s East Texas Results Radio LLC to purchase four radio stations in the Tyler, Texas market. The former broadcaster-turned-preacher-turned-politician is a 49 percent owner in the company, partnering with longtime Arkansas broadcaster Paul Coates, who has owned and operated a number of radio stations across the state including nearby stations in Ozark.”
The deal is reportedly worth about $1.2 million.
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Huckabee served as governor of Arkansas from 1996 to 2007. He was first elected as lieutenant governor, but when then-Gov. Jim Guy Tucker was convicted of fraud during the Whitewater investigations, Huckabee became governor.
Huckabee ran for president twice, in 2008 and in 2016. When he ended his campaign in the Republican primary, he backed Donald Trump.