The rest of the industry may be sticking to its portfolio, but broadcasting Holladay family has been active of late. Clay, who played minority partner to his brother Robert in a recent Jackson MS buy, is now the lead operator, with Ron Eubanks, in the acquisition of a fourth FM in the Dothan AL market. Clay Holladay’s Gulf South Communications is getting WRJM-FM Geneva AL out of bankruptcy, with Trustee William C. Carn representing Stage Door Development. The price is $1.1M cash. The deal will add the FM into a cluster already including WESP-FM Dothan, WDJR-FM Enterprise & WDBT-FM Headland.