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American Radio to Buy 2 Amaturo Stations

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Bloomberg News

American Radio Systems Corp. agreed to buy two California radio stations from Amaturo Group of California Ltd. for about $60 million. The stations are KFRG-FM, which broadcasts in Riverside and San Bernardino, and KXFG-FM in Sun City. The stations will add to the 47 FM and 23 AM stations in 13 markets now operated by the Boston-based company. The purchase, which is subject to regulatory approval, extends the rapid expansion by American Radio. The company also has options or agreements to buy radio stations in several cities, including Fresno, Cincinnati and New York.

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