K&Z Broadcasting has applied to buy WTZA(AM), Atlanta.
The seller is WGUN Inc.The agreed-on purchase price is $1.1 million according to paperwork filed with the FCC.
Some $500,000 would be paid by wire transfer at closing. The buyer would get a $600,000 credit for funds paid to the seller via a Time Brokerage Agreement the parties signed in January.
The Class D non-DA WTZA operates on 1010 kHz with 500,000 watts day/78 watts night.
WGUN also owns WAAC(FM), WGOV-FM and WGUN(FM) — all in the Valdosta, Ga. Market.
