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Border Media Partners
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BMP Radio, also known as Border Media Partners, is a privately owned Hispanic focused radio broadcasting company headquartered in Dallas, Texas. On July 17, 2009, Radio-Info.com announced that BMP would be seized by its banks after failing to make debt payments for two years. Ten days later, it was confirmed that Goldman Sachs Group, Vestar Capital Partners, and D.B. Zwirn & Co. seized the business and the assets are expected to be liquidated. It was reported that President Jeff Hinson is expected to step down by July 31. This occurred as expected, and station owner and station broker Larry Patrick was named trustee and engaged to dispose of the stations and return any monies to the lenders.
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