Transactions: 12-04-08

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$325K WFRM-FM Olean NY (Coudersport PA) from Farm & Home Broadcasting Company (Cary H. Simpson) to Backyard Broadcasting Olean License LLC, a subsidiary of Backyard Broadcasting LLC (Barry Drake et al). $10K escrow, $90K cash at closing, $225K note. Duopoly with WHDL-AM & WPIG-FM Olean NY. [FCC file date 11/5/08]