WUGA Deal Features Windfall Clause

0

Pile of MoneyMarquee Broadcasting’s motivation to buy WUGA-TV Toccoa GA from the University of Georgia is the old-fashioned one: It plans to operate it. However, on the off chance it turns out to have incentive auction value, UGA will not be left behind. Broker: Jason James, Patrick Communications.


The station is being acquired by Patricia and Brian Lane for $2,500,000. It will join a portfolio which already includes a full power television station in Salisbury-Ocean City MD and a low power outlet near there in Dover DE.

Please Login to view this content. (Not a member? Join Today!)