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Virginia AMs' Sale Approved By Bankruptcy Court
July 13, 2006 at 1:35 PM (PT)
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A bankruptcy court has approved the sale of Religion WBVA-A (simulcasting WPMH-A)/BAYSIDE, VA and Gospel WVAB-A (PRAISE 1550)/VIRGINIA BEACH to CHESAPEAKE PORTSMOUTH BROADCASTING for $775,000. The buyer has been operating the stations under an LMA since earlier this year; it also owns WPMH-A as well as Gospel WTJZ-A and operates noncommercial Contemporary Christian WAZP (K-LOVE).

