WUGA Deal Features Windfall Clause


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.

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