Transactions: 11-2-11

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$1.4M KRVA-FM Dallas-Fort Worth TX (Cockrell Hill TX) from MBC of Texas – KRVA Inc., a subsidiary of Mortenson Broadcasting Company (Jack M. Mortenson) to Pacificstar Media II Corporation (Charles S. Kim). $75K escrow, balance in cash at closing. Mortenson is also selling KTNO-AM and an FM translator in a separate deal and will retain three AMs in the market. [FCC file date 10/20/11]


$658,263 KJNZ-FM Hereford TX from Hereford Broadcasting LLC (Jose Aguillon) to Cheers Media Inc. (Walter E. Scott Jr., Simon Maldonado, Hugh Bryant). $75K TBA payment, debt forgiveness valued at $259,263, $324K note. [FCC file date 10/20/11]