Transactions: 5-31-11


$1.25M KBEC-AM Waxahachie TX. 100% of Faye and Richard Tuck Inc. from Jeanne Tuck Mosely (45% to 0%), Sandra Tuck Howell (45% to 0%) and Kenneth Hays Roberts (10% to 0%) to James R. Phillips (0% to 51%) and Ann E. Phillips (0% to 49%). $714K allocated to stock, $536K allocated to real estate. $294K cash, $706K from 3rd party lender, $202,257.10 note that with interest will reach full purchase price amount. [FCC file date 5/18/11]

$350K WGNC-AM Charlotte-Gastonia NC-Rock Hill SC (Gastonia NC) from HRN Broadcasting Inc. (D. Mark Boyd III) to SN Radio LC (Scott Neisler). $100K TBA credit, $65K deposit, $185K escrow to be disbursed to seller at closing. TBA 5/13/09. [FCC file date 5/18/11]