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GREAT AMERICAN COMPLETES PURCHASE OF KSLX-FM AND KOPA-AM, PHOENIX

GREAT AMERICAN COMPLETES PURCHASE OF KSLX-FM AND KOPA-AM, PHOENIX
 CINCINNATI, April 24 /PRNewswire/ -- Great American Communications Company (NASDAQ: GACC) ("GACC") today completed the acquisition of Phoenix radio stations KSLX-FM and KOPA-AM from Cook Inlet Radio. The transaction is valued at $11.5 million and completes the reinvestment requirement of a tax certificate held by Great American from previous station sales.
 David H. Crowl, president of the Radio Group of Great American Broadcasting said, "We are delighted that this successful combination of radio stations has become part of our group. KSLX/KOPA broadens our presence in the Phoenix market where we have owned Channel 10 KTSP-TV since 1985."
 The stations broadcast a Classic Rock format and were ranked sixth among all listeners, sixth among adults aged 25 to 54, and fourth with adults aged 18 to 34 by Arbitron in the fall of 1991. KSLX is a Class C FM Station operating at 100.7 mHz and KOPA is a 5,000 watt AM station broadcasting at a frequency of 1440 kHz.
 In addition to KSLX/KOPA, GACC owns and operates ten FM stations and five AM stations, as well as six television stations in major markets throughout the country. GACC's common stock trades over-the- counter under the symbol GACC.
 -0- 4/24/92
 /CONTACT: Sandra Heimann of GACC, 513-579-2177/
 (GACC) CO: Great American Communications Company ST: Ohio IN: TLS SU: TNM


CG -- CL012 -- 2594 04/24/92 15:25 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
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