El Dorado Sold …. Liberman Broadcasting For $30 M.
April 6, 2002
The El Dorado Communications Houston market station KQQK-FM was sold to Liberman Broadcasting for $23 million. Liberman Broadcasting has an option to buy KEYH-AM for an additional $6 million. These are the last Hispanic focused assets for troubled El Dorado Communications under the leadership of Tom Castro. Over the years, El Dorado struggled to compete in various Hispanic markets.