NM Radio: AMG Buys And Spins

American General Media will buy four New Mexico FM stations from Univision Corp. while divesting several others.

Terms were not immediately disclosed. 

Included in the deal are:

• Top40 KKSS 97.3 FM
• Classic Rock KIOT 102.5 FM
• Regional Mexican KJFA 101.3 FM
• Rhythmic AC KKRG-FM

To comply with ownership limitations, AGM will then sell KJFA to Vanguard Media LLC. It will also shed several other signals: KAGM in Los Alamos is sold to VCY America Inc. and KDLW in Los Lunas goes to BB Broadcasting LLC.

American General also will donate KHFM in Santa Fe to KHFM Community Partners, which plans to convert the 95.5 license to non-commercial.