Transactions: 08-15-07
25M KWIE-FM Riverside-San Bernardino (San Jacinto CA) from KWIE Licensing LLC, a subsidiary of Radio Broadcast Management Inc. (Donald G. McCoy) to LBI Radio License LLC, a subsidiary of Liberman Broadcasting Inc. (Lenard D. Liberman). 1M escrow, balance in cash at closing. Cross-ownership with KRCA-TV. Riverside-San Bernardino is embedded by Arbitron in the Los Angeles market, where LBI has two AMs and four FMs. [File date 7/23/07.]
578,100 WASO-AM New Orleans LA (Covington LA) from America First Communications Inc. (Claude C. Lightfoot Jr., receiver) to MCDJ LLC (W. Christopher Beary, Mary Latter, Joseph A. Kunstler, David Rubin. 60K escrow, balance in cash at closing. Station has been in receivership since 6/17/05. Duopoly with WGSO-AM New Orleans, in which MCDJ principals have a combined 40% stake. [File date 7/20/07.]
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