EMF Buys Two More
November 27, 2007 at 11:23 AM (PT)
EDUCATIONAL MEDIA FOUNDATION is buying two stations serving WEST VIRGINIA from MARANATHA RADIO for a total price of $900,000. EMF is buying noncommercial class A Gospel WMEJ/PROCTORVILLE, OH-HUNTINGTON, WV and noncommercial class B1 (with CP for C2) Gospel WZWA/CLARKSBURG, WV.
MARANATHA is holding onto Gospel WXAF/CHARLESTON while EMF adds the two acquisitions to its Contemporary Christian WKVW (K-LOVE) and new WWLA/CHARLESTON and Contemporary Christian WLVW (K-LOVE)/MOUNDSVILLE-WHEELING and translators statewide.
JOHN PIERCE AND CO. served as exclusive broker for the deal.