Mercury Capital Partners Sells KCNL-FM to the University of Southern California
May 25, 2012: KCNL-FM, licensed to Sunnyvale, CA, was sold to the University of Southern California (USC). USC operates classical music stations in Southern California and is a majority partner of the Classical Public Radio Network which operates Classical KDFC-FM in the San Francisco Bay Area. KCNL-FM was brokered out to multiple clients in the Hispanic community. Profitable exit.