Basler Zeitung: Radio Basel 1 sold
The sale of Radio Basel 1 has been finalized. Medien für Erwachsene AG (MFE) definitively acquired the station from Basler Zeitung Medien last Friday. The complaint against the licensing of Radio Basel 1 and Radio Basilisk has been withdrawn.
Basler Zeitung Medien and Medien für Erwachsene AG (MFE), represented by Christian Heeb, signed the purchase agreement for Radio Basel 1 last Friday, August 21, 2009. The formal transfer of business will take place on September 30, 2009, which means that operational responsibility for Radio Basel 1 will remain with Basler Zeitung Medien until September 30, as the media company announced on Monday. At the same time, MFE have withdrawn their appeal against the licensing of Radio Basel 1 and Radio Basilisk.
