The Probate Division of the Mississippi County, Mo. Circuit Court has rendered a decision regarding a bid to acquire the assets of Usher Broadcasting.
The bid from a local broadcaster is “just and appropriate,” and this has allowed the company to sell its holdings — an AM/FM combo — in a deal officially consummated on Oct. 26.
It’s our lead deal in RBR+TVBR’s TRANSACTIONS TODAY for Thursday, Nov. 2, which also sees a co-channel FM translator to an Air1 station in Southern California get snagged by Educational Media Foundation, which has closed on a big New England FM.
