Transactions 05-24-07

1.1M KGVY-AM Tucson AZ (Green Valley AZ) from Green Valley Broadcasters Inc. (Larry Nelson) to KGVY LLC (George W. Kimble). 225K escrow, balance in cash at closing. Includes non-compete. [File date 5/4/07.]

22.5K WDUF-AM Duffield VA from George Maddux, Special Commissioner, Estate of Arlene M. Smith to Deanna D. Smith. Court settlement of inheritance case. Buyer loaned 22.5K to station in 2001 and received one dollar purchase option which is now being exercised. [File date 5/4/07.]