Transactions: 5-23-11

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$350K KMRF-AM Marshfield MO from New Life Evangelistic Center Inc. (Charles W. Hale) to Southwest Radio Group Inc. (David Day et al). $17.5K escrow, balance in cash at closing. Station is going from noncommercial to commercial buyer. [FCC file date 5/12/11]


$240K KTIA-AM Des Moines IA (Boone IA) from Truth Broadcasting Corporation (Stuart W. Eppperson Jr.) to Latin World Broadcasting Inc. (Juan Rodriguez). $24K escrow, $116K cash at closing, $100K note. Seller retains rights to call letters, will reimburse buyer for expense filing for new calls. Seller retains KTIA-FM in Boone. [FCC file date 5/12/11]