Nebraska pair sold

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KNCY-AM, licensed to Nebraska City, and KNCY-FM out of Auburn NE are headed for new ownership. Arbor Day Broadcasting, headed by radio veterans Dean Sorenson and Richard Chapin, is selling the combo to Riverfront Broadcasting, headed by Carolyn and Doyle Becker. Although the deal was just filed with the FCC, the contract was signed back on 10/1/04, and an LMA has been in progress since. The price on the combo is 690K.