Transactions: 12-23-11


734,231 WDMS-FM/WGVM-AM Greenville MS from WDMS Inc. (Bob Ghetti, Wesley K. Gerald) to Ark-La-Ms Radio Group LLC (John R. Padgett). $12.6K to Ghetti, $148K to Ghetti under terms of non-compete struck with 3rd party that had been LMAing station, $40K to Gerald, assumption of two Community Bank loans, one for $517,817. the other for $15,814. Prior LMA with Delta Radio Group 12/10/99; new LMA with buyer until closing. [FCC file date 12/12/11]