Transactions: 1-04-10

0

$1.85M WLTC-FM Columbus GA (Cusseta GA) from River City Broadcasting LLC (H. Lynn Page, James R. Martin) to PMB Broadcasting Inc. (H. Lynn Page, James R. Martin, Debra H. Martin et al). Cash. Superduopoly with WRCG-AM, WCGQ-FM, WKCN-FM & WRLD-FM. Page and Martin also have connection to non-commercial WBOC-FM Lumpkin GA. [FCC file date 12/24/09]


$235K WTKI-AM & WEKI-AM Huntsville AL (Huntsville, Decatur AL) from Christian Voice of Central Ohio Inc. (Dan Baughman) to FRC of Alabama LLC d/b/a Focus Radio Communications (Frederick Holland, Angela D. Holland). $10K no-shop fee, $40K cash at closing, $185K note. LMA 11/6/09. [FCC file date 12/23/09]

$225K WUCO-AM Marysville OH from St. Gabriel Radio Inc. (Marc C. Hawk) to ICS Communications Inc. (Mark Litton). $5K deposit, $20K cash at closing, $200K note. FCC file date 12/24/09]

$62,550 WVUS-AM Morgantown-Clarksburg-Fairmont WV (Grafton WV) from Appalachian Radio LLC (Steven Tocco) to Light of Life Community Inc.) Robert Corubia et al). $3K escrow, up to $45,576.06 to pay off equipment lease, balance in cash at closing. Combo with WLOL-FM CP Morgantown WV. [FCC file date 12/23/09]

N/A KEFL-FM CP Westport WA from Northwest Indy Radio (Stephen P. Lepisto) to Grays Harbor Institute (Gary Murrell et al). Transfer from one non-profit to another for no consideration. CP is for Class A on 91.7 MHz with 120 w @ 11’. [FCC file date 12/29/09]

 RBR/TVBR note: Now available “Profitably Buying and Selling Radio Stations,”RBR/TVBR’s ‘2010’ new book and guide to help chart a course through the treacherous waters of buying, owning and selling radio or television stations. A comprehensive resource which includes template agreements and advice to assist sellers, potential buyers, lenders and investors. Coauthored by Erwin Krasnow, John King and John Pelkey of Garvey Schubert Barer. Buy it now in paperback or ebook exclusively on line.
Click to purchase:  “Profitably Buying and Selling Radio Stations,”
or 1-800-288-4677, ext. 5022 for $49.95, paperback, $39.95, e-book.