501K KMEG-TV Sioux City IA (CBS, Ch. 14/DT 39) from Waitt Broadcasting Inc. (Norman W. Waitt Jr.) to Siouxland Television LLC (Alex J. Aretakis). Buyer pays 1K to take over 500K purchase option from Pappas Telecasting (Harry J. Pappas) of 4/28/05. Pappas, which owns KPTH-TV Fox/44 in the market, provides service to KMEG via an SSA, JSA and other related ties. [File date 11/6/07.]
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