Transactions for May 27, 2009

Transactions At A Glance
Pataphysical Broadcasting Foundation's KBDH-FM/San Ardo, Calif., to KCBX, Inc. for $250,000 … Transfer of control of Riviera Broadcast Group from its existing shareholders including VSS Riviera and VSS Riviera Parallel, to Atmor Properties and Goldman Sachs per a forbearance and restructuring agreement …

Arizona
KEDJ-FM/Gilbert and KKFR-FM/Mayer (Phoenix) and KVGS-FM/Meadview and KOAS-FM/Dolan Springs (Las Vegas)
PRICE: Undisclosed
TERMS: Forbearance & Restructuring
BUYER: Riviera Broadcast Group, LLC., headed by CEO Tim Pohlman. Phone: 916-768-8049. It owns no other stations. This represents its entry into this market.
SELLER: Riviera Broadcast Group LLC, headed by CEO Tim Pohlman. Phone: 916-768-8049
FREQUENCY: 103.9 MHz; 98.3 MHz; 107.9 MHz; 105.7 MHz
POWER: 100kw at 620 feet; 41kw at 2,795 feet; 100kw at 1,762 feet; 100kw at 1,762 feet
FORMAT: Alternative; Hip Hop; Alternative; Smooth Jazz
COMMENT: Transfer of control of Riviera Broadcast Group from its existing shareholders including VSS Riviera and VSS Riviera Parallel, to Atmor Properties and Goldman Sachs per a forbearance and restructuring agreement.

California
KBDH-FM/San Ardo (Monterey-Salinas-Santa Cruz)
PRICE: $250,000
TERMS: Asset sale for cash
BUYER: KCBX, Inc., headed by president/GM Frank Lanzone. Phone: 805-549-8855. It owns two other stations. This represents its entry into this market.
SELLER: Pataphysical Broadcasting Foundation, Inc., headed by president Susan Goldstein. Phone: 831-476-2800
FREQUENCY: 91.7 MHz
POWER: 3kw at 1,782 feet
FORMAT: NPR/Varity
COMMENT: Pataphysical Broadcasting Foundation's KBDH-FM/San Ardo, Calif., to KCBX, Inc. for $250,000, payable in cash at closing. $12,500 escrow deposit.