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Alabama Station Group Shuffles Ownership
December 28, 2006 at 8:26 AM (PT)
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GREAT SOUTH RFDC, LLC is selling six stations in ALABAMA to GREAT SOUTH WIRELESS, LLC for $100 and assumption of debt. PAUL H. REYNOLDS is a principal of both companies; the deal has the buyer taking over partner SCOTT ALEXANDER's interest and assuming some of his debts and obligations. The stations include WZLM/GOODWATER, WKGA/DADEVILLE, WTID/REPTON, WHPH/JEMISON and WEZZ/THOMASTON as well as the pending assignment application for WKLF-A/CLANTON.