Transactions: 7-20-11

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$123,141 WGAD-AM Gadsden AL from The DR Group LLC (David Hedrick) to Rainbow City Media LLC (Jeffery Allen Beck). $23,141 cash at closing, $50K payment to John T. & Elizabeth Roth on behalf of seller, $50K note. TBA 6/23/11. Superduopoly with WWGC-AM Albertville AL and WJBY-AM Rainbow City AL. [FCC file date 7/5/11]


$35K WRMO-FM Milbridge ME from Steven A. Roy, Personal Representative, Estate of Lyle Evans to Pine Tree Broadcasting LLC (Charles E. Begin). $5K earnest money, balance in cash at closing. [FCC file date 7/5/11]