No IOU needed for KIOU acquisition
Cold hard cash will be the medium of exchange when the Wilkins Communications Network closes on its acquisition of KIOU-AM Shreveport. The sale is...
Transactions: 9-17-08
$750K WGOS-AM Greensboro-Winston Salem-High Point NC (High Point NC) from Ritchy Broadcasting Company Inc. (Simon Ritchy, Lynn Ritchy) to Iglesia Nueva Vida of High...
Transactions: 9-16-08
$1,152,666 KANM-FM CP Magdelena NM; KNOS-FM CP Albany TX; KTXO-FM CP Goldsmith TX; and KKUL-FM CP Groveton TX from Matinee Radio LLC (Robert Walker)...
College to bank Red Bank proceeds
The Chattanooga State Technical College is going to pull in $1.5M in exchange for its broadcast outlet, WAWL-FM in Red Bank TN. The buyer...
Transactions: 9-15-08
$4M WRFD-AM Columbus OH (Columbus-Worthington OH) from Salem Media of Ohio, a subsidiary of Salem Communications Corporation (Stuart W. Epperson, Edward G. Atsinger III)...
Alabama AM acquired
Elsa and David Snavely have agreed to plunk down $199.5K to acquire WIXI-AM Jasper AL, located about 25 miles northwest of Birmingham. The seller...
Mixing it up on the shores of Lake Michigan
A PBS affiliate operating out of Gary IN and serving the greater Chicago area has persuaded American Family Radio to part with its FM...
Transactions: 9-12-08
$7.2M WRCG-AM/WCGQ-FM, WKCN-FM & WRLD-FM Columbus GA (Columbus, Lumpkin GA, Valley AL) from ABG Georgia Licenses LLC, a subsidiary of Archway Broadcasting Group (Reg...
Transactions: 9-11-08
$700K KXPO-AM/KAUJ-FM Grafton ND from KGPC Company (Delhard D. Nygard) to Simmons Broadcasting Inc. (Robert N. Simmons, Diane R. Simmons). $600K cash at closing,...
Swaggart adds in Texas
Jimmy Swaggart’s Family Worship Center Church is getting another commercial-band FM to add to his noncommercial portfolio. The station, KYTM-FM, is licensed to Corrigan...
Transactions: 9-10-08
$250K WXCO-AM Wausau-Stevens Point WI (Wausau WI) from Seehafer Broadcasting Corporation (Don Seehafer) to Sunrise Broadcasting LLC (Steven H. Resnick). $15K escrow, $10K cash...
One good CP deserves another
Ever wonder what the difference is between a Class A FM and a Class C3 in dollar terms? We have a window into that...
Transactions: 9-09-08
$3M FM CP Flagstaff-Prescott AZ (Chino Valley AZ) from Grenax Broadcasting III LLC (Greg Dinetz) to Gold Water Radio Partners LLC (Edward F. Seeger,...
Simpson spins out of Smethport
Cary Simpson’s Farm & Home Broadcasting Company has reached an agreement with Colonial Radio Group on the sale of WQRM-FM in Smethport PA. The...
Transactions: 9-08-08
$2.3M WBUD-AM Trenton NJ from Millennium Central New Jersey License Holdco LLC, a subsidiary of Millennium Radio Group LLC (James P. Donahoe) to Domestic...