Transactions: 11-3-11


$2.2M KTNO-AM Dallas-Fort Worth TX (University Park TX) from MBC of Texas – KTNO Inc., a subsidiary of Mortenson Broadcasting Company (Jack M. Mortenson) to Inspiration Media of Texas LLC, a subsidiary of Salem Communications Corporation (Stuart W. Epperson, Edward G. Atsinger III et al). Includes FM translator K273BJ. $110M earnest money, balance in cash at closing. TBA 11/1/11. Superduopoly with KLTY-FM, KWRD-FM, KSKY-AM & KVCE-AM. Mortenson is also selling KRVA-AM and an FM translator in a separate deala and will retain three AMs in the market. [FCC file date 10/21/11]