Transactions 06-08-07
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1.5M WKHW-FM Rushville IN from RSE Broadcasting LLC (David Sheets) to Rodgers Broadcasting Corporation (David A. Rodgers). 75K escrow, balance in cash at closing. Superduopoly with WKBV-AM/WFMG-FM Richmond, WIFE-AM Connorsville & WZZY-FM Winchester IN. [File date 5/18/07.]
440K WCBQ-AM Oxford NC and WHNC-AM Henderson NC from The Paradiso Network Inc. (Alvin Augustus Jones) to The RAFTT Corporation (Jerome Friemel). 22.5K earnest money returned to buyer, 300K to retire debt, 30K to assure Jones handles all FCC compliance issues, balance in cash at closing. [File date 5/18/07.]
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