Double deal in Portland ME DMA


$1.525M WPXT-DT Portland ME from New Age Media of Maine (John Parente) to Ironwood Communications Portland LLC (David J. Joseph). $152,500 escrow, balance in cash at closing. Buyer has concurrent deal to resell certain assets including real estate to Admiralty Properties LLC for $1.3M. WPXT-TV has JSA/SSA with WPME-DT Lewiston ME – WPME is also being sold and the JSA/SSA will continue. [FCC file date 2/14/13]

$75K WPME-DT Portland ME (Lewiston ME) from MPS Media of Portland License LLC (Eugene J. Brown) to Cottonwood Communications Portland LLC (Daniel D. Davenport). $7.5K escrow, balance in cash at closing. Will continue subsidiary role in JSA/SSA with WPXT-DT Portland, which is also being sold. [FCC file date 2/14/13]