Transactions: 6-03-08
$22M WFKB-FM Reading PA (Boyertown PA) from WDAC Radio Company (Richard T. Crawford) to Nassau Broadcasting I LLC (Louis F. Mercatanti Jr. et al). $5M down payment, balance in cash at closing. LMA since 9/1/05. Buyer will air seller’s AM Religious format over a WFKB-FM HD-2 signal at least until 9/2/11. [File date 4/22/08
N/A WRFM-AM Muncie IN from Electronic Applications Radio Service Inc. (Patrick Diemer) to Indiana Community Radio Corporation (Jennifer Cox-Hensley). Cash free transfer from one non-profit entity to another. [File date 4/21/08.]
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