Transactions: 10-20-11

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$5K WONA-AM Winona MS from Southern Electronics Company Inc. (Sharon Kent) to Brantley Broadcast Associates LLC, a subsidiary of R3 Partners (Paul Reynolds, Joan Reynolds, Lee S. Reynolds, Lyle S. Reynolds). Full amount held in advance by law firm. Seller had asked FCC to cancel the station’s license; buyer paying all fees associated with the transaction and reinstatement of the license. Seller retains WONA-FM Winona MS. [FCC file date 10/11/11]