West Virginia Combo Sold
June 14, 2013 at 4:00 AM (PT)
ARTHUR W. GEORGE 's WFSP, INC. is selling Gospel WFSP-A (SOLID GOSPEL AM1560) and Oldies WFSP-F (THE OLDIES CHANNEL 107.7)/KINGWOOD, WV to DAVID L. WILLS' WFSP RADIO, LLC for $500,000 ($25,000 down, $75,000 cash upon closing, $400,000 in a promissory note).
In other filings with the FCC, 3G BROADCASTING, INC. has closed on the sale of Top 40 WOCY (HITZ 106)/CARRABELLE, FL to LIVE COMMUNICATIONS, INC.
And ILLINOIS BIBLE INSTITUTE, INC. has closed on the sale of Southern Gospel WTSG/CARLINVILLE, IL to CORNERSTONE COMMUNITY RADIO, INC. The filing also indicated that the sale of FM translator W218BA/JACKSONVILLE, IL will not be consummated.