$22.6M KVNA-FM Phoenix (Flagstaff AZ) from 3 Point Media - Arizona LLC (Bruce Buzil) to KVNA Acquisition LLC (James F. Wade et al, including M/C Venture Investor LLC and Peppertree Capital Fund LP). $500K indemnification escrow, $22.1M cash at closing. Station has CP to change city of license to Dewey-Humboldt AZ, thus moving into Phoenix market. Seller will prosecute CP at its own expense. [File date 8/26/04.]
$25K New FM Brush CO from Broadcasting for the Challenged Inc. (George S. Flinn Jr.) to Way-FM Media Group Inc. (Robert D. Augsburg, John Scaggs, Robby Newton, Felice Augsburg, Eric Rhoads, Glen Schaffer). Cash. CP is for 89.5 mHz. [File date 8/25/04.]