Transactions: 11-18-09
$425K WDYT-AM Charlotte-Gastonia NC-Rock Hill SC (Kings Mountain NC) from CRN Communications LLC (Danny Fontana) to Iglesia Nueva Vida of High Point (Javier Fernandez...
Close encounter in San Jose
The agreement sending KLOK-AM San Jose CA from Univision Radio Inc. to Principle Broadcasting Network is officially a done deal. According to brokerage Kalil...
Hispanic religious group expands in NC
Javier Fernandez’s Iglesia Nueva Vida of High Point bought its first AM station last year, in the Greensboro-Winston Salem-High Point NC market. Now it’s...
Steckline buys a piece of the Mouse
Radio Disney Group is spinning off its Wichita KS station, KQAM-AM. It’s headed into a duopoly pairing under the tender loving care of Steckline...
Transactions: 11-17-09
$350K KQAM-AM Wichita KS from Radio Disney Group LLC (Drew Korzeniewski) to Steckline Communications Inc. (Gregory R. Steckline). $10K escrow, balance in cash at...
Principle to buy KCNL-FM San Jose
Principle Broadcasting Network has signed an Asset Purchase Agreement to acquire KCNL-FM in San Jose, California from The Aloha Station Trust, LLC. Principle specializes...
Close encounter in Tatum
The deal sending KXAL-FM in Tatum TX from William Waller to Chalk Hill Communications is officially closed. This will be the only station for...
Transactions: 11-16-09
$80K WAMS-AM Dover DE from WXXY Broadcasting Inc. (Vincent Klepac) to K-5 Communications LLC (Vincent Klepac, and family). Debt assumption.
$27K WDNT-AM Dayton TN...
Klepac clan dives into Dover
The K-5 in K-5 Communications LLC does not refer to the typical range of grades in a standard public elementary school – if refers...
Transactions: 11/13/09
$125K KKLB-FM CP Madisonville TX form Katherine Pyeatt to Robert Clint Crawford d/b/a Southwest Radio Broadcasting. $5K deposit, $120K note. CP is for Class...
Analyst sees M&A activity in 2010
Crystal ball readers at Ernst & Young’s Transaction Advisory Services say that as many as 33% of global players may be looking at strengthening their company via the merger and acquisition route
Transactions: 11-11-09
$205,584 WURA-AM CP Fredericksburg VA (Quantico VA) from Prince William Broadcasting LLC (Matthew McCormick et al) to Capital Broadcasting VA LLC (Al Hammond). Various...
Quantico CP sold
Quantico VA is the town where a facility used by both the US Marine Corps and the FBI is situated – and it’s also...
Station trading doldrums
Last week only five transactions went through the virtual portals of The Portals, the FCC’s SW Washington home – and failed to total as...
Transactions: 11-06-09
$15K KTNP-AM CP Tonopah NV from Radio 1400 LLC (E. Morgan Skinner Jr.) to Intermountain Media LLC (Jeffrey Bate). $5K deposit, balance in cash...