Transactions: 2-25-08

0

8.05M WFZH-FM Milwaukee-Racine WI (Mukawonago WI) from Caron Broadcasting Inc., a subsidiary of Salem Communications Corporation (Stuart W. Epperson, Edward G. Atsinger III) to Educational Media Foundation (Richard Jenkins, Michael Novak). 400K escrow, balance in cash at closing. Network affiliation agreement 2/15/08. Buyer will convert station to noncommercial status. [File date 1/28/08.]


1M WMEX-FM Portsmouth-Rochester-Dover NH (Farmington NH) from WIMMEX LLC (Dennis Jackson) to Educational Media Foundation (Richard Jenkins, Michael Novak). 50K escrow, 250K cash at closing, 700K note. [File date 1/28/08.]