Salem ducks out from under Overton
Jerry T. Hanszen has a five-station group in eastern Texas, and will be getting a sixth thanks to a subsidiary of Salem Communications. Salem’s...
University takes on silent partner
The Pescadero Public Radio Service has not had KPDO-FM Pescadero CA up and running since February of 2008. So rather than simply letting the...
Transactions: 2-20-09
$2.825M WNKL-FM Wauseon OH/WNWT-AM Rossford OH from Cornerstone Church Inc. (Robert G. Pitts) to Educational Media Foundation (Mike Novak). $400K escrow, balance in cash...
Voice of Reason gives way to Real Presence
The licensee names are a tad more interesting than usual in this Upper Midwest deal. KVXR-AM Moorhead MN is not only changing owners, it’s...
Transactions: 2-19-09
$100K KEES-AM Tyler-Longview TX (Gladewater TX) from Gleiser Communications LLC (Paul L. Gleiser) to Salt of the Earth Broadcasting Inc. (Darrell E. Martin). $25K...
Transactions: 2-18-09
$225K WCLN-AM Clinton NC from Christian Listening Network Inc. (George Wilson) to Clinton Sampson Radio Company Inc. (Delma Patrick Dixon, Emma Joyce Dixon). Promissory...
Two will bank cash from Burbank WA sale
KVAN-AM Burbank WA has a buyer, a seller and a third-party benefactor, who is involved by virtue of earlier loans made to the current...
Transactions: 2-17-09
$550K WGUY-FM & WFZX-FM Bangor ME (Dexter, Searsport ME) from The Kalil Holding Group LLC (Frank Kalil) on behalf of Blueberry Broadcasting LLC to...
Peters finds way to Lost Creek
WHAW-AM Weston WV is getting an FM partner in a $75K cash deal. Stephen R. Peters is paying the cash for WOTR-FM, getting it...
Davidson Media becomes SS Broadcasting Holdings
Not much cash will be moving around in this transaction, but plenty of debt. Sanjay Sanghoee is acquiring 36 stations in all from the...
Transactions: 2-16-09
$5K KIVA-FM Santa Rosa NM from Cibola Radio Company (Don Davis) to Esquibel LLC (Christina M. Esquibel). Cash. N/A WTVR-FM Richmond VA (CBS) from...
Triad for RAAD in Puerto Rico
Luis A. Mejia’s Isabela Broadcasting is selling WKSA-FM in Isabela PR to La Equis Broadcasting Corporation, which itself is related to RAAD Broadcasting Corporation,...
PRG splits Hornell combo
Bilbat Radio is hanging on to WHHO-AM in Hornell NY, but it will accept $600K for sister WKPQ-FM in the same community. The buyer...
Transactions: 2-13-09
$2M WINX-FM Salisbury-Ocean City MD (Cambridge MD) from CWA Broadcasting Inc. (Charles W. Adams III) to First Media Radio LLC (Alex Kolobielski). $500K escrow,...
Transactions: 2-12-09
$349K KELR-FM Chariton IA from FMC Broadcasting Inc. (Thomas A. Palen) to Honey Creek Broadcasting LLC (Frederic L. Jenkins, Carolyn E. Jenkins). Cash. Duopoly...