A partnership between Todd and Margaret Marker has emerged as the pending new owner of a pair of FM translators serving a pair of cities in the Coachella Valley of California. The seller is an entity led by Ronald Cohen.
RM Broadcasting, the licensee under “Marker Broadcasting,” is purchasing K274DA at 102.7 MHz in Thousand Palms, Calif.; and K265FH at 100.9 MHz in Cathedral City, Calif., from CRC Media West LLC.
A $150,000 purchase price has been agreed to, with a $20,000 deposit made to the seller.
There is no broker or finder associated with this transaction.
Serving as RM’s legal counsel is Anthony T. Lepore of Radiotvlaw Associates.
