Transactions 09-04-07
2.66M WCAP-AM Lowell MA from Northeast Radio Inc. (Maurice Cohen) to Merrimack Valley Radio LLC (Clark F. Smidt, Samuel Poulton et al). 100K escrow, 1.928M cash at closing, 532K note. Includes non-compete. [File date 8/13/07.]
750K KVLL-FM Lufkin-Nacogdoches TX (Wells TX) from Radio Woodville Inc. (Edward Seeger) to GAP Broadcasting Lufkin License LLC (George Laughlin). 37.5K escrow, balance in cash at closing. Superduopoly with KYKS-FM Lufkin, KSFA-AM Nacogdoches & KAFX-FM Diboll TX. GAP also owns KTBQ-FM Nacogdoches, but it does not overlap KVLL-FM. LMA 8/15/07. [File date 8/13/07.]
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