Transactions: 11-17-10

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$2M WNAZ-FM & WNRZ-FM Nashville TN (Nashville, Dickson TN) from Tevecca Nazarene University Inc. (David Leese) to Community Broadcasting Inc. (Richard P. Bott, Sherley E. Bott, Charles M. Watkins). $1M cash at closing, $1M note. Buyer will run announcements, promos for seller for period of five years. Seller also recently sold WENO-AM to another buyer and conditioned the sale on avoidance of religious teaching/talk format on that station. [FCC file data 11/5/10].


$335K WENO-AM Nashville TN from WENO Inc., related to Trevecca Nazarene University (David Deese) to Anchor Radio of Nashville LLC (Peter Davidson, Russ Jones). $16,750 escrow, balance in cash at closing. Superduopoly with WNVL-AM, LMA of WMDB-AM. Buyer will refrain from utilizing religious teaching/talk format for five years. Seller retains WNAZ-FM. [FCC file data 11/4/10].