Loading
  • 21 Aug, 2019

  • By, Wikipedia

WLEO

WLEO (1170 AM) is a radio station broadcasting a Spanish Oldies format. Licensed to Ponce, Puerto Rico, it serves the Puerto Rico area. The station is currently owned by the Episcopal Diocese of Puerto Rico.

Ownership

WLEO Radio Station at Puerto Viejo, Barrio Playa, Ponce, PR

In July 1999, Uno Radio of Ponce Inc., Caguas, P.R. (Jesus M. Soto, chairman) reached an agreement to purchase five radio stations in Puerto Rico from Ponce Broadcasting Corp. (Janero G. Scarano Sr., Julio C. Braum, Luis F. Sala, Catalina Scarano and Sala Business Corp., shareholders) for a reported sale price of $10.75 million.

On 24 December 2019, the Episcopal Diocese of Puerto Rico reached an agreement to purchase WLEO from Uno Radio Group for $1.1 million. The sale was consummated on 29 February 2020.

References

  1. ^ "Facility Technical Data for WLEO". Licensing and Management System. Federal Communications Commission.
  2. ^ Alianza entre WLEO y Es Noticia. Es Noticia. Issue 144. 21 May to 3 June 2021. p.14. Accessed 21 May 2021.
  3. ^ "Changing Hands". Broadcasting & Cable. 1 July 1999.
  4. ^ FCC From 314: APPLICATION FOR CONSENT TO ASSIGNMENT OF BROADCAST STATION CONSTRUCTION PERMIT OR LICENSE. Exhibit 5. AGREEMENTS FOR TRANSACTION. Attachment 5: WLEO Asset Purchase Agreement. Accessed 4 February 2020.
  5. ^ Asset Purchase Agreement. Page 4. Accessed 4 February 2020.