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$1.5M KOLW-FM Tri-Cities WA (Milton-Freewater OR) from Capstar TX LP, a subsidiary of Clear Channel Communications Inc. (Lowry Mays et al) to ALC Communications (Chris Gilbreth, Thomas D. Hodgins). Total value is RBR estimate. Trade for KHTO-FM Basin City. ALC also receives $1M. Clear Channel receives $300K option to acquire ALC's KUJ-AM Walla Walla WA. KOLW calls will migrate with Clear Channel; KHTO calls will migrate with ALC. Duopoly with KUJ AM & FM Walla Walla WA. [File date 8/18/04.]

$1.5M KHTO-FM Tri-Cities WA (Basin City) from ALC Communications (Chris Gilbreth, Thomas D. Hodgins) to Capstar TX LP, a subsidiary of Clear Channel Communications Inc. (Lowry Mays et al). Total value is RBR estimate. Trade for KOLW-FM Milton-Freewater OR. ALC also receives $1M. Clear Channel receives $300K option to acquire ALC's KUJ-AM Walla Walla WA. KOLW calls will migrate with Clear Channel; KHTO calls will migrate with ALC. Joins existing superduopoly. [File date 8/18/04.]

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