$675K KRZS-FM Kerrville TX from Munbilla Broadcasting Properties Ltd. (B. Shane Fox) to Tom, Rick and Harley Broadcasting LLC (Harvey D. Belew, Tom F. Herring Jr., Richman Phipps). $5K earnest money, promissory notes of $75K and $595K. Includes right of first refusal for buyer to acquire seller’s KYRT-FM Mason TX. Buyer also acquiring KHLB-FM Mason TX from seller in separate concurrent transaction. Stations do not overlap. Buyer’s principals are employees of KRZS. [FCC file date 6/23/10]
$50K KHLB-FM Mason TX from Munbilla Broadcasting Properties Ltd. (B. Shane Fox) to Tom, Rick and Harley Broadcasting LLC (Harvey D. Belew, Tom F. Herring Jr., Richman Phipps). $5K earnest money, $45K note. Buyer also acquiring KRZS-FM Kerrville TX from seller in separate concurrent transaction. Stations do not overlap. Buyer’s principals are employees of KRZS. [FCC file date 6/23/10]
