Transactions: 09-25-07
5M KGGG-FM Wichita KS (Hutchinson KS) from Ad Astra per Aspera Broadcasting Inc. (Cliff C. Shank, Michael G. Hill, Carol Foster, Sue Ann Jennings et al) to Connoisseur Media of Wichita LLC (Jeffrey D. Warshaw, Michael O. Driscoll). Swap for KTCM-FM Kingman KS. Connoisseur also pays 3M (200K escrow, balance in cash at closing). Duopoly with KIBB-FM Augusta KS once KGGG-FM completes CP moving city of license to Haven KS. Mutual LMAs began 9/1/07. Price is RBR estimate. [File date 9/5/07.]
2M KTCM-FM Kingman KS from Connoisseur Media of Wichita LLC (Jeffrey D. Warshaw, Michael O. Driscoll) to Ad Astra per Aspera Broadcasting Inc. (Cliff C. Shank, Michael G. Hill, Carol Foster, Sue Ann Jennings et al). Swap for KGGG-FM Wichita KS (Hutchinson KS). Connoisseur also pays 3M (200K escrow, balance in cash at closing). Superduopoly with KXKU-FM Lyons, KSKU-FM Sterling, KWHK-FM Hutchinson. Mutual LMAs began 9/1/07. Price is RBR estimate. [File date 9/5/07.]
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