Transactions: 8-03-09

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$750K KQLX AM-FM Fargo ND-Moorhead MN (Lisbon ND) from Sheyenne Valley Broadcasting Inc. (Terry Loomis) to Great Prairie Integrated Marketing Inc. (J. Scott Herron, Ryan D. Rogen, Kevin L. Christianson, Michael J. Hofer, Daniel J. Paulson). $20K escrow, $230K cash at closing, $500K note. Includes non-compete. Duopoly with WZFG-AM Dilworth MN & KEGK-FM Wahpeton ND. [FCC file date 7/9/09]


$385K WKBO-AM Harrisburg-Lebanon-Carlisle PA (Harrisburg PA) from Clear Channel Broadcasting Licenses Inc. (Mark Mays) to One Heart Ministries Inc. (Peter A. Hamel, Teresa J. Hamel). $77K escrow, balance in cash at closing. Seller will also forgive up to $150K of indebtedness relating to LMA in effect since 2001, and buyer will pay any amount over that if necessary. [FCC file date 7/10/09]