Grant Broadcasters buys Hot Tomato
By Jonas Lopez in Media News on Monday, 19th November 2018 at 1:00pmIndependent FM station 102.9 Hot Tomato has been acquired by Grant Broadcasters.
Grant Broadcasters management announced in a staff email today that both companies have completed their due diligence with the sale to be made official on November 30, 2018. The final sale price was not disclosed.
In discussing the sale, Hot Tomato executive chairman Hans Torv said the station needed a company that can further develop the business, following several buyout offers in the past. He noted that Grant’s dedication to the radio industry will fit well with Hot Tomato’s crew.
“We are thrilled to welcome Hot Tomato to the Grant Broadcasters family. The station’s ethos of live and local fits firmly into the values of our company and our other local radio stations. The Ho...
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