$14.5M KTGE-AM/KRAY-FM/KEBV-FM, KHDV-FM & KMJV-FM Monterey-Salinas-Santa Cruz CA (Salinas, King City, Soledad) from Wolfhouse Radio Group Inc. (Hector Villalobos) to LEN Radio Broadcasting LLC, a subsidiary of Latin Entertainment Network Inc. (Anthony M. Hernandez, Scott E. Wood, Antonio M. Hernandez, Migdalis Hernandez). $500K escrow, balance in cash at closing. Deal also includes employment contract with Villalobos calling for annual salary of 120K plus bonus, commission and other benefits the first year. Existing superduopoly. [File date 1/3/05.]
$3M WPBC-AM Atlanta (Decatur GA) from Pacific Star Broadcasting Inc. (Charles Kim) to Chang Soo Kim. $30K earnest money, balance in cash at closing. [File date 1/4/05.]