Radio One spins all the way out of Louisville

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Most of Radio One’s Louisville stations went to Dan Savadove in a 76M transaction that also included stations in the Dayton market. One lonely orphan licensed across the Ohio River in Charlestown IN, WLRX-FM, was left in the Radio One portfolio. It now has a buyer, non-commercial WAY FM Media Group, headed by Robert D. Augsburg. The price is 1M even. As in the bigger deal, brokerage Star Media Group represented Radio One; Patrick Communications sat on WAY FM’s side of the negotiating table.