Close encounter in Ohio

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Another set of chips is officially off the Clear Channel block with the closing of BAS Broadcastings acquisition of five stations in and around Sandusky OH. BAS, headed by President/’CEO Jim Lorenzen, picked up WCPZ-FM Sandusky, WLEC-AM Mount Vernon, WMJK-FM Clyde, WPFX-FM North Baltimore and WTTF-AM Tiffin for $5.2M. Greg Guy of Patrick Communications represented the buyer; Kalil & Co. represented the seller.