Urban One to Acquire KKDA, KRNB Radio Stations; Sells KZMJ

Urban One announced agreements to acquire Service Broadcasting Group, LLC, including Dallas radio stations KKDA and KRNB, and simultaneously agreed to sell radio station KZMJ to Fuzion Dallas, LLC. These transactions are subject to FCC regulatory approval and other customary closing conditions. The company stated the acquisition is accretive, expands its presence in high-growth regions, and reinforces its commitment to local content and advertising partners in the Dallas market, aiming to elevate influential urban voices.