Emmis Amends Put-And-Call Deal With GRC For KXOS/Los Angeles
April 16, 2012 at 8:35 AM (PT)
GRUPO RADIO CENTRO and EMMIS COMMUNICATIONS have amended their put and call agreement for Spanish Hits KXOS (EXITOS 93.9)/LOS ANGELES to designate a $85.5 million purchase price if GRC closes on a purchase before MARCH 27, 2013 and $110 million if a closing occurs thereafter. The amendment, which has been filed with the FCC, gives GRC a reduced price if a deal is closed before the designated date (the original agreement was for $110 million). GRC has been operating the station under an seven-year LMA since APRIL 2009.
In other deals filed with the FCC, CLEAR CHANNEL's ALOHA STATION TRUST, LLC is selling Classic Country WHER (EAGLE 99)/HEIDELBERG, MS to TELESOUTH COMMUNICATIONS, INC. for $375,000.
As tipped by a previous technical filing, EDUCATIONAL MEDIA FOUNDATION is selling FM translator W249BN/ELLENDALE, TN to FLINN BROADCASTING CORPORATION for $77,000. EMF is proposing to move its FM translator W249BN/ELLENDALE, TN to MEMPHIS with 250 watts from a tower near BARTLETT, TN, and listed the primary station in the application as FLINN's Spanish WGSF-A/MEMPHIS but listed FLINN's Sports WHBQ-A/MEMPHIS as the primary in the technical exhibit, as it is in the sale document. The translator's proposed 60 dBu signal would cover mostly the eastern portion of the MEMPHIS market, including GERMANTOWN and BARTLETT.
RDH LAND & CATTLE CO. INC. is selling Country KRDH-A/CANTON, TX to EBERHART BROADCASTING LLC for $45,000 ($35,000 in a five-year note).
IGLESIA JESUCRISTO ES MI REFUGIO, INC. is selling noncommercial KZRF-F/SULPHUR SPRINGS, TX and translators K221FI and K268BQ/MEXIA, TX to TEMPLO DE DIOS, INC. 1.
PLATTE VALLEY EDUCATIONAL RADIO is donating the construction permit for KQQA/SHELTON, NE to RADIO 74 INTERNATIONALE.
And CANYONVILLE CHRISTIAN ACADEMY has applied for a Silent STA for low power FM KYON-LP/CANYONVILLE, OR due to a computer crash.