Article clipped from Walla Walla Union Bulletin

1 » t asi WPM fOOTOai! ? / DU nfl5RfIscldKNBS Will)-sd)-Be I p foi(3isSJEnpon Ic ’ . ledlt;lliiiliest Bid)t KNBS TV, Walla Walla tclevi-jina s, sion station which ended less than j a a year on the lir two weeks ago, pj., •; will he sold to the highest bidder at 1- approved by federal bankruptcycourt.The original owners of the sta* a tion filed a petition of voluntary tj0, is bankruptcy in U.S. District Court. Jra£j e They listed liabilities of approxi-j matelv $169.(XX) and assets of near rtniprOtl 1at);110.$90,000. ! bidGene Golden, appointed receiv- jsy er for the station by the court. a said advertising for bids on the j an( ; station will start soon and the of- ^rj| o, fers will probably be opened about 0 mid-January. j lt;]lyj Offers either have been received mf,e or are expected to be received nelt; is from five out-of-town television-1 a j id radio stations or individuals. Gold-0; en said it is possible that other er offers will be received for the sta-3d tion.n. A report that a local group ofat individuals was interested in pur-h- chasing the station has not yet rs | materialized although Golden said He ly it was possible for anyone to file thlt; o' a bid during the advertised pe-jSti -g riod. So fur the potential offersty are from firms or individuals of;™ i, two communities in Washington,;AJir„ one in California and some in othi er states. !^°, r KNBS, operatng on UHF chan- Hirs nel 22, went on the air early last If1*V m i ” —— — js January and erided its short ca- la,d reer Dec. 15. The original owners. M^d a group of California radio and Hlt;^ television men, said lack of oper- m iating capital was the trouble.m r rar 11■
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Walla Walla Union Bulletin

Walla Walla, Washington, US

Fri, Dec 30, 1960

Page 11

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Sammi B.

NA 27 Feb 2021

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