Transactions: 5-4-09

0

$12M KONN-FM & KTNI-FM Denver-Boulder CO (Bennett, Strasburg CO) from KSIR-FM LLC D.I.P./KBRU-FM LLC D.I.P. (Blake Mendenhall) to DRG Acquisition LLC, a subsidiary of Max Media of Denver LLC (John A. Trinder et al) (51%) and Denver Holdings LLC (Todd Boehly) (49%). Bankruptcy proceeding. $11.7M credit bid, up to $300K for carveouts relating to Guggenheim Corporate Funding, an amount which may increase to $350K. Existing duopoly. [FCC file date 4/17/09]