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Salem, James Crystal Close On Dallas-Orlando Swap
February 6, 2006 at 7:01 AM (PT)
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SALEM has closed on the swap of Southern Gospel KNIT-A/DALLAS to JAMES CRYSTAL RADIO in exchange for Business News WORL-A/ORLANDO, which is expected to air SALEM's conservative talk format. The even swap is valued at $6 million. JOHN PIERCE of JOHN PIERCE AND CO. served as the exclusive broker for the deal.

