First spins TX AM


KREL-AM is going from First Broadcasting Investment Partners to John L. White in a deal stipulating that the station is being sold “as is, where is.” Where is Quanah TX, near the eastern base of the Panhandle not far from the Oklahoma state line and the Red River. What it is not near is Arbitron-rated territory. The pricetag for the transaction is a very modest $5K.`