A chunk of an AM station DIY project in the portfolio of Mt. Washington Radio & Gramophone LLC is going from Ronald R. to Gregory L. – with both using the last name Frizzell when they sign on the dotted line. The station is licensed to Conway NH.
The change will involve 11% of the licensee, and will take Gregory’s share from 40% to 51%, while knocking Ronald down from 60% to 49%. The price for the change in share is $123,750, paid over the course of 38 months pursuant to terms of a promissory note.
Conway is in the Concord NH market, and it’s home to three other MWR&G stations, Hot AC WVMJ-FM, Adult Album Alternative WMWV-FM & News/Talk/Info WBNC-AM.
The CP is for a Class C on 1340 kHz with 620 w-U off a non-directional antenna.
RBR/TVBR note: Now available “Profitably Buying and Selling Radio Stations,” – RBR/TVBR’s ‘2010’ new book and guide to help chart a course through the treacherous waters of buying, owning and selling radio or television stations.
“Profitably Buying and Selling Radio Stations,” is now available coauthored by Erwin Krasnow, John King and John Pelkey of Garvey Schubert Barer.
The 2010 profitably book is a comprehensive resource which includes template agreements and advice to assist sellers, potential buyers, lenders and investors.
Buy it now in paperback or ebook exclusively on line from RBR-TVBR.
Click to purchase: “Profitably Buying and Selling Radio Stations,”
or 1-800-288-4677, ext. 5022 for $49.95, paperback, $39.95, e-book.