Corsicana — KAND Radio is now officially owned by New Century Broadcasting.
The group purchased the station from former owner David Yates in a sale that formally closed this week.
New Century Broadcasting is comprised of Diane Raymond, Joe Smitherman, Rob Reed and Mike Capps.
Smitherman, Raymond and Reed were in Corsicana Friday for a reception hosted by the Holiday Inn Express in honor of the group's acquisition of the longtime Corsicana media outlet. Capps, who also is the play-by-play broadcast voice of the Round Rock Express, a minor league baseball team, was unable to attend Friday's event.