Transactions: 1-08-08


3M KNRJ-FM Phoenix AZ from Sierra H. Broadcasting Inc. (Jayson R. Brentlinger) to IM AZ Licenses LLC, a subsidiary of Independence Media of Arizona LLC (David F. Jacobs). 250K earnest money, balance in cash at closing. Buyer will also enter into a facilities modification agreement with a third party, Smoke and Mirrors LLC, which will downgrade and change the city of license of its KRRK-FM Lake Havasu City AZ. [File date 12/13/07.]