Texas FM Sold
October 8, 2014 at 3:58 AM (PT)
SHAFFER COMMUNICATIONS GROUP, INC. is selling Classic Rock KRXB/BEEVILLE, TX to TEXKAN COMMUNICATIONS, LLC for $40,000 ($10,000 cash, the rest in a promissory note over three years at 5.5% interest).
In other filings with the FCC, RICHARD A. FOREMAN has been appointed receiver for two more stations owned by ROBERT J. PFUNTNER's PEMBROOK PINES MASS MEDIA N.A. CORP., Sports WABH-A (NBC SPORTS RADIO 1380) and AC WVIN-F (V98.3)/BATH, NY.
EDUCATIONAL MEDIA CORPORATION has closed on the sale of noncommercial Classical WWED and booster WWED-FM1/SPOTSYLVANIA, VA to the Executive Committee of the Board of Trustees of AMERICAN UNIVERSITY for $375,000.
COMMUNICOM, through Chief Transition Officer ROBERT J. MACCINI, has closed on the sale of Religion WDRJ-A/DETROIT to TFG HOLDINGS, INC./GREAT LAKES RADIO - DETROIT, LLC for $375,000.
And THE ESTATE OF LEON F. PETTERSEN has closed on the sale of Contemporary Christian WJZS/LIVE OAK, FL to DR. CESTA D. NEWMAN's NEWMAN BROADCASTING, INC. for $2,500.