Station staff buys WPB noncom TV

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$1,909,102 WXEL-TV West Palm Beach FL from Barry Telecommunications Inc. (Linda Bevilacqua), a subsidiary of Barry University, to WXEL Public Broadcasting Corporation (Bernard E. Henneberg). Called a merger with WXEL with WXEL as surviving entity.  $1,446,102 to cover debt, $170K note to the benefit of Barry U., $273K worth of underwriting announcements over five years. Includes W31DC-D Fort Piece FL. [FCC file date 4/3/12]