A West Virginia Pass To Ed Pastilong

0

In the West Virginia cities of Morgantown and Clarksburg, in the far northeastern portion of the state, one can listen to a Class B1 FM offering Classic Country music, or its AM sister, which has a license for an unbuilt FM translator.


Until now, these stations have been owned and operated by Earl Judy Jr. and his Tschudy Broadcasting Corp.

Now, Judy is selling the properties to an entity led by Ed Pastilong.

Pastilong’s AJG Corporation in Morgantown is purchasing WPDX-AM and W238DF & WPDX-FM — licensed to Clarksburg.

The properties will be added to a seven-station group comprised of the following stations:

WBTQ(FM), WESTON, WV (FIN 71690)
WBUC(AM), BUCKHANNON, WV (FIN 9301)
WCLG(AM), MORGANTOWN, WV (FIN 3)
WCLG-FM, MORGANTOWN, WV (FIN 6553)
WFGM-FM, BARRACKVILLE, WV (FIN 21170)
WSWW-FM, CRAIGSVILLE, WV (FIN 166030)
W221DR, MORGANTOWN, WV (FIN 139879)

An LMA is already in effect, allowing AJG to assume control of the Tschudy properties prior to closing.

Terms call for a $415,000 purchase price, with a $22,500 deposit being held in escrow by Fletcher Heald & Hildreth.

FHH attorneys Matthew McCormick and Kathleen Victory represented the seller and buyer, respectively.

There is no broker or finder involved in this transaction.