Broadcast Investments made an offer of £348,000 to purchase the station.
In October 1986, the station was purchased by its general manager and an investor for $40.5 million.
Eventually the station was purchased by Cumulus, and moved to 103.3.
Had the university allocated the funds to purchase the station in the late 1980s, it could probably be sold today for over a million dollars.
However, after three months in business the station ran into financial trouble and was purchased by Canwest.
By 1957, Williford had saved up enough money to purchase the station for $8,000.
The station was purchased by Jack Powell in the 1960s.
The station was purchased in the late '60s by Key Broadcasting.
Clear Channel Communications purchased the station in the late 1990s.
A station is being purchased according to how much money it can make as quickly as possible.