LRS Radio buying four FMs in Long Island

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DealAAA Licensing (Arlington Capital) has sold four Long Island FMs to LRS Radio, LLC (Roger & Lauren Stone). They include WEHM-FM, Manorville, New York, WBAZ-FM, Bridgehampton, New York, WBEA-FM, Southold, New York and WHEN-FM, East Hampton, New York, pending FCC approval. The price is $3,200,000. LRS has delivered $480,000 in cash as a deposit. WEHM (92.9) is AAA; WBAZ (102.5 mHz) is AC; WBEA (101.7 mHz) is Top 40; and WEHN is a simulcast of WEHM at 96.9 mHz. Michael Bergner of Bergner & Co. was the broker for the deal.