Arizona, Nevada station sold

Tuesday, July 9, 2002 | 11:02 a.m.

Entravision Communications Corp. of Santa Monica, Calif. said it agreed to acquire KRCY-FM 92.7, a two-worker Arizona-based radio station, from Spectrum Scan LLC for about $6 million in cash.

The Spanish-language media company, which already owns Las Vegas radio station KRRN-FM 105.1 and Las Vegas television station KINC Univision Channel 15, will begin operating KRCY-FM 92.7 by September. The radio station will serve parts of Arizona and Las Vegas.

"Entravision's strategy is to build radio and television clusters in the fastest-growing Hispanic markets and Las Vegas is one of them," Entravision spokeswoman Kim Holt said.

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