Austin FMs spin out of old Border porfolio

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$750K KVLR-FM Austin TX (Elgin TX) from BMP Austin License Company LLC under auspices of Border Media Business Trust, W. Lawrence Patrick, Trustee) to Educational Media Foundation (Mike Novak). $50K escrow, balance in cash at closing. $250K added to price if station is approved for upgrade by FCC. [FCC file date 7/2/12]


$600K KZNX-FM Austin TX (Creedmoor TX) from BMP Austin License Company LLC under auspices of Border Media Business Trust, W. Lawrence Patrick, Trustee) to America Telecommunications Group Inc. (Cecelia Levine et al). Purchasing group also includes 25% holding by Mexican entity Canal Continental S.A. de C.V. (Jose Perez Ramirez et al). $120K escrow, balance in cash at closing. LMA 6/1/12. [FCC file date 7/2/12]