Price Set For Texas, Maine Sales
February 29, 2008 at 5:28 AM (PT)
The price for the previously announced spinoff by KALIL AND CO.'s KALIL HOLDING CO of Classic Country KMBV (LONESTAR FM)/NAVASOTA, TX to KSBJ EDUCATIONAL FOUNDATION, INC. is $1.025 million, according to the sale contract filed with the FCC.
And EDUCATIONAL MEDIA FOUNDATION's purchase of WCYI/LEWISTON, ME from CITADEL's LAST BASTION STATION TRUST is $1 million even, according to the contract filed with that sale application. WCYI, one of the spinoffs from CITADEL resulting from the takeover of ABC RADIO, The station, formerly a simulcast of sister Alternative WCYY/PORTLAND, ME, has been airing a temporary Blues format while awaiting sale.