An ill-fated multi-station radio cluster in the Elmira-Corning NY market went into bankruptcy. In Chapter 1, a deal was filed to sell it intact, but the deal never closed. Then part of it was sold – Chapter 2. Now we have arrived at the third and final chapter. Broker: Richard A. Foreman Associates (seller)
The buyer is the same as the Chapter 2 buyer, so in essence, the cluster is being sold intact once again, albeit in installments.
