Bonneville

Bonneville - Mormon Doctrine Studies - Posted: 20th Jan, 2011 - 12:22pm

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Post Date: 20th Jan, 2011 - 12:22pm / Post ID: #

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Bonneville

For-profit arm of Mormon church agrees to sell 17 of its Bonneville radio stations

DMC, a for-profit arm of The Church of Jesus Christ of Latter-day Saints, will sell stations in St. Louis, Chicago, Cincinnati and Washington, D.C., to Hubbard Broadcasting Inc. Under terms of the purchase agreement, the Minneapolis-based company will acquire the stations for $505 million. Ref. Source 8

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