Citadel spins Tuscaloosa AM

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WJRD-AM Tuscaloosa AL is exiting the Citadel portfolio and heading for a new home in the form of JRD Inc., owned by James E. Shaw, David M. Baughn, Ronald B. Price. An LMA began last month for the modestly priced facility, which will set the buyer back only 200K. It does come with one possible fringe benefit. The buyers will have the right of first refusal to acquire WDGM-FM Greensboro AL should Citadel decide to sell it, provided it is not sold as part of a group deal. Greensboro is about 30 miles south of Tuscaloosa.