Transactions: 8-5-10

0

$400K WNAE-FM Clarendon PA from Iorio Broadcasting Inc. (Frank Iorio Jr.) to Family Life Ministries Inc. (Norb Fuest, Richard Snavely et al). $20K deposit, balance in cash at closing, or $20K deposit, $180K cash at closing or choice of $180K note for one year at 6% or $180K note for two years at 7%. Duopoly with WCOT-FM Jamestown NY. [FCC file date 7/28/10]