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artmorris
Administrator
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Posted: Fri Mar 7th, 2008 11:59 am |
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Missouri
KTNX-FM/Arcadia, KYLS-AM/Fredericktown, KYLS-FM/Ironton, KPWB-AM & KPWB-FM/Piedmont
PRICE: $1.83 million
TERMS: Cash + seller financing
BUYER: Southern Star Broadcasting of Missouri, LLC., headed by Managing Member Randolph Miller. Phone: 901-692-3116. It owns no other stations. This represents its entry into this market.
SELLER: Dockins Communications, Inc., headed by President Fred Dockins, Sr. Phone: 573-701-9590
FREQUENCY: 103.9 MHz; 1450 kHz; 95.9 MHz; 1140 kHz; 104.9 MHz
POWER: 450 watts at 932 feet; 1kw day/night; 3kw at 650 feet; 1kw; 4kw at 856 feet
FORMAT: classic hits; news/talk; country; news/talk; country
BROKER: Doyle Hadden of Hadden & Assoc. Media Brokers
COMMENT: Dockins Communications' KTNX-FM/Arcadia, KYLS-AM/Fredericktown, KYLS-FM/Ironton, KPWB-AM & FM/Piedmont, Mo., to Southern Star Broadcasting of Missouri for $1,832,500. $500 cash at closing, including $50,000 escrow deposit, plus $1.332 millionseller financing.
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