Seven figures for Abilene FM duo

0

$1.1M KABW-FM & KORQ-FM Abilene TX (Baird, Winters TX) from Doud Media Group LLC (Richard J. Doud II) to Community Broadcast Partners LLC (David Klement, Richard Klement). $25K esc, $200K cash at closing, $875K note.  [FCC file date 8/26/13]


$200K WEVI-FM Frederiksted VI from Frontline Missions International Inc. (Antony W. Whitehead) to Lifeline LLC (Reginald Perry). $150K 3rd party debt  settlement with Valance Co. LLC, $15K in loans from buyer to seller forgiven at closing, $500 monthly for 24 months plus 10% of station gross revenues. Price is conservative RBR-TVBR estimate. [FCC file date 8/23/13]