M&A Deal Summary

Excalibur Broadcasting Acquires Pikes Peak Television - Licensed Assets Of KJCT- TV

On November 1, 2013, Excalibur Broadcasting acquired media company Pikes Peak Television - Licensed Assets Of KJCT- TV from Pikes Peak Broadcasting Co.

Acquisition Highlights
  • This is Excalibur Broadcasting’s 1st transaction in the Media sector.
  • This is Excalibur Broadcasting’s 1st transaction in the United States.

M&A Deal Summary

Date 2013-11-01
Target Pikes Peak Television - Licensed Assets Of KJCT- TV
Sector Media
Buyer(s) Excalibur Broadcasting
Sellers(s) Pikes Peak Broadcasting Co.
Deal Type Divestiture

Target

Pikes Peak Television - Licensed Assets Of KJCT- TV

United States
Pikes Peak Television, Inc., Licensed Assets Of KJCT- TV And Associated Stations comprises television broadcasting stations comprising KJCT, ABC, CW, and Telemundo.

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Buyer(S) 1

Buyer

Excalibur Broadcasting

United States

Category Company
Founded 2013
Sector Media
DESCRIPTION

Excalibur Broadcasting, LLC owns and operates television station.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Pikes Peak Broadcasting Co.

Colorado Springs, Colorado, United States

Category Company
Founded 2006
Sector Media
DESCRIPTION

Pikes Peak Broadcasting Co. Inc. owns and operates radio and television broadcasting stations including 95.1 The Peak Radio, Sax 105.5 Radio, Sports Radio AM 1240, and KJCT-TV News 8.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1