Transactions: 6-17-11

0

$1.1M WYHL-AM/WMSO-FM, WHTU-FM, WJDQ-FM & WZKS-FM Meridian MS (Meridian, Newton, Marion, Union MS) from CC Licenses LLC, a subsidiary of Clear Channel Broadcasting Inc. (John Hogan) to Mississippi Broadcasters LLC (Clay E. Holladay). $165K escrow, balance in cash at closing. Sets off a series of related deals. Buyer will eventually wind up with WYHL-AM, WMSO-FM & WZKS-FM from this deal and will keep its own WOKK-FM & WJXM-FM. [FCC file date 6/6/11]


$350K WJDQ-FM & WZKS-FM Meridian MS (Marion, Union MS) from Mississippi Broadcasters LLC (Clay E. Holladay) to New South Communications Inc. (Frank E. Holladay). Cash. Superduopoly with WALT AM-FM. [FCC file date 6/6/11]

$175K WMLV-FM Meridian MS (Butler AL) from Mississippi Broadcasters LLC (Clay E. Holladay) to Educational Media Foundation (Mike Novak). $17.5K escrow, $37.5K cash at closing, $120K note. [FCC file date 6/6/11]

$1 WKZB-FM Meridian MS (Stonewall MS) from Mississippi Broadcasters LLC (Clay E. Holladay) to Meridian Community College Foundation (Jeff McCoy et al). Nominal cash payment in transaction characterized as a donation. [FCC file date 6/6/11]