Transactions: 12-9-11


$4.75M KCEO-AM San Diego CA (Vista CA) from North County Broadcasting Corporation (N. Arthur Astor) to IHR Educational Broadcasting (Douglas M. Sherman et al). $137.5K escrow and $1,362,500 cash to NCBC, $1.25M cash to Astor, $1.25M for real estate, transmitter site, towers etc., $500K personal service/non-competition agreement with Astor, and $250K construction bonus is CP is either built or renewed. Station will go non-commercial. [FCC file date 11/17/11]