Yes but it's old news, unless you are talking about the FCC approving the deal, it was agreed upon back in May: http://www.oregonlive.com/business/oregonian/index.ssf?/base/business/124209871866550.xml&coll=7
Veteran radio executive Larry Wilson has purchased two Portland radio stations from the owner of the Trail Blazers for $11 million. Allen bought the stations in 1998 from long-time owner Les Smith, who owned KXL since 1955. Allen reportedly paid around $42 million. Must be nice to lose 32 million and still sell.