Transactions: 6-12-08
$7.5M KJSA-AM Dallas-Fort Worth TX (Mineral Wells TX) from M&M Broadcasters Ltd. (Gary L. Moss) to BusinessRadio Dallas License LLC (Daniel Frishberg, John Lunsford et al). $350K escrow, $5.15M cash at closing, $2M note. Price reduced to $7.2M if paid in full at closing. LMA 5/1/08. Buyer will discontinue LMA of Multicultural Broadcasting’s KMNY-AM Hurst TX. [File date 4/28/08]
$1M KUIK-AM Portland OR (Hillsboro OR). 90.9% of Dolphin Communications Inc. from Don & Donna McCoun (90.9% to 0%) to Westside Radio Inc. (Spencer & Elizabeth Rubin, 9.1% to 100%). Note. [File date 4/28/08]
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