Transactions: 7-28-10

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$700K WBPZ-AM/WSNU-FM Lock Haven PA from Lipez Broadcasting Corporation (John Lipez, Jeannine Lipez) to Schlesinger Commnications Inc. (Jeffrey O. Schlesinger, Mark S. Schlesinger). $350K cash at closing, $350K note. Includes non-compete. Seller John Lipez will be hired to broadcast and sell advertising for sporting events. Buyer has right of first refusal to acquire related real estate. [FCC file date 7/16/10]