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Price Set For Staton's Buy Of WNNG
October 30, 2006 at 6:01 AM (PT)
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With the filing of the FCC paperwork for CHASE BROADCASTING INC.'s sale of Adult Standards WNNG-A/WARNER-ROBINS, GA to CECIL STATON's GEORGIA EAGLE BROADCASTING INC., the price for the previously announced deal has been revealed: The station is being sold for $650,000 cash plus a Time Brokerage Agreement effective TODAY (10/30).
ALL ACCESS reported FRIDAY that STATON, a GEORGIA State Senator and head of STATON BROADCASTING, was buying WNNG.