A tender offer from CCU
Clear Channel's goal post in its tender offer for outstanding 7.65% senior notes due 2010 (CCU notes), and for outstanding 8% senior notes due in 2008 (AMFM notes), was to be this Friday.
Transactions: 4-17-08
150K KXPM-FM CP Hanna WY from Wagonwheel Communications Corporation (Alan W. Harris) to Toga Radioi LLC (Donald Day Jr., Kent Smith, James O'Reilly, Alan...
Starboard comes into a CP bonanza
A ready-made DIY radio group is headed to Sovereign City Radio Service, which in turn is a subsidiary of Mark Follett's Catholic-oriented radio group...
Transactions: 4-16-08
212.5K WSEV-AM Knoxville TN (Sevierville TN) from East Tennessee Radio Group LP (Paul G. Fink) to Grand Crown Resorts of Pigeon Forge LLC (C.J....
EMF lands another in eastern Tennessee
In fact, the latest acquisition target from noncom Religious outfit Educational Media Foundation has such impeccable eastern Tennessee credentials that the seller is called...
Salem honchos come down from the tower
In fact, Edward G. Atsinger III and Stuart W. Epperson are coming down from three towers that they own personally and have been leasing...
Transactions: 4-15-08
299.6K WKEN-FM CP Fredonia KY from Patricia E. Van Zandt to Educational Media Foundation (Richard Jenkins, Michael Novak). 50K escrow, 249.6K note. EMF will...
Slick tri-state move by Swick
Stephen M. Swick is getting five stations in three states in a move to become an instantaneous group owner. Seller Thomas Andrews and his...
Transactions: 4-14-08
4M WOKA AM & FM Douglas GA from Coffee County Broadcasters Inc. (Dwayne Gillis) to Go Media Group LLC (Hubert S. Grizzle). 25K escrow,...
SLC AM headed for Epperson
Bonneville International is reducing its holdings in its home market of Salt Lake City, spinning an AM station to Julie Epperson. Once KUTR-AM has...
Birach picks up two AMs
WNTJ-AM and WCND-AM Shelbyville KY are now officially part of the portfolio of Sima Birach, according to broker John Pierce. The two stations came...
Transactions: 4-11-08
712,500 WSRG-FM Sturgeon Bay WI from Magnum Broadcasting Inc. (David R. Magnum) to Al Johnson Broadcasting LLC (Allen J. Johnson et al). 35,625 escrow,...
Clear Channel divests is Austin power
We'd like to say that this is the final piece to the puzzle that will resolve all of the pending issues involving the plan...
Close encounter in Connecticut
A pair of Hartford AMs have officially been transferred from Lawrence Patrick, Receiver, to Ivon Gois's Gois Broadcasting LLC. Patrick's colleague at Patrick Communications,...
Transactions: 4-10-08
160K KWOF-AM & KWOF-FM Waterloo IA (Waterloo, Hiawatha IA) from Friendship Communications Inc. (Michael Facciani) to Extreme Grace Media Inc. (Chris Behmlander, Regina Behmlander,...