Chapter Three of Chapter 11 Story


Chapter-11An 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.

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