Transactions: 5-16-11


$6,004,500 WDUQ-FM Pittsburgh PA; FM CP Marion Center PA; and FM CP Everett PA from Duquesne University (Stephen A. Schillo) to Essential Public Media LLC, related to Pittsburgh Community Broadcasting Corporation (Marco Cardamone, Linda McClintock et al). Deal includes four FM translators and one FM translator CP. $4,004,500 cash at closing, $500K note, $1M in underwriting over 10 years, $500K in student internships over 10 years. Marion Center CP is for Class B on 88.5 MHz with 16 kW @ 663’; Everett CP is for Class A on 90.1 MHz with 460 W @ 1,010’. [FCC file date 5/6/11]