Transactions: 3-18-11


$16.5M WRMF-FM West Palm Beach FL (Palm Beach FL) from PBB Licenses LLC (Stephen F. Gormley), a subsidiary of Cobalt Operations LLC (Michael Cutchall) to WRMF-FM LLC (Dean Goodman). $790K escrow, $15.01M cash at closing, $700K retained by seller as “excluded asset.” [FCC file date 3/10/11]

$1.05M WAAM-AM Ann Arbor MI from Ann Arbor First Ventures LP (Ronald Unkefer) to Coolarity A2 LLC (Linda Hughes). $400K cash (entire amount put into escrow), $650K note. [FCC file date 3/11/11]