The Mike Novak-led Educational Media Foundation, one of the most prolific buyers of FM stations in recent months, is at it again.
This time, it’s acquiring a Class A facility in Northern Virginia from the man who holds a majority stake in the Washington Redskins.
Meanwhile, a Texas nonprofit has sold a pair of noncommercial FM stations to another Lone Star State noncomm entity, as “NV89” gets a boost in the Silver State’s capital city.
Lastly, Farmworker Educational Radio Network Inc. has closed on its purchase of a station in a deal that saw Kalil & Co. serve as the exclusive broker.
Those are the key deals in RBR + TVBR’s TRANSACTIONS TODAY for Monday, May 15, 2017.