Transactions: 1-31-12

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$750K WBZS-AM Providence RI (Pawtucket RI) from Pennsylvania Media Associates Inc., a subsidiary of Salem Communications Corporation (Stuart W. Epperson, Edward G. Atsinger III) to Starboard Media Foundation (Thomas S. Vorpahl, Francis Hoffman et al). $37.5K escrow, balance in cash at closing. [FCC file date 1/19/12]