DIY Midwest bonanza

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Five FM CPs are changing hands in a pair of completely separate deals. Well, the first set aren’t exactly changing hands right away, but Rockin M Radio has agreed to LMA three Kansas CPs from iconic radio exec Randy Michaels and his group RadioActive. They’re located in Hays, Linsborg and Cimarron. Rockin M is headed by Monte, Doris and Christopher Miller. Miller, via his association with brokerage Gammon Media Brokers, represented Rockin M in the transaction, with Jody McCoy of Media Services Group providing brokerage for Michaels while Jay Meyers of Cavalry Media provided advice to the seller. Rockin M has an option to acquire the trio in 2010 for 800K. McCoy has also assisted in the sale of two additional CPs in a transaction which will send Nebraska DIY projects in Minatare and Mitchell from College Creek Broadcasting to legacy Communications of Nebraska. The two stations are in the Scottsbluff area. Further details were not immediately available.