Transactions for May 29, 2009

Transactions At A Glance
Bay Broadcasting, LLC.'s WBPC-FM/Ebro, Fla., to Beach Radio, Inc. for $400,000

Florida
WBPC-FM/Ebro (Panama City)
PRICE: $400,000
TERMS: Asset sale for cash
BUYER: Beach Radio, Inc., headed by president Randy Sheffield. Phone: 478-972-9448. It owns no other stations. This represents its entry into this market.
SELLER: Bay Broadcasting, LLC., headed by managing member Charles Shapiro. Phone: 617-964-1098
FREQUENCY: 95.1 MHz
POWER: 25kw at 328 feet
FORMAT: Oldies
COMMENT: Bay Broadcasting, LLC.'s WBPC-FM/Ebro, Fla., to Beach Radio, Inc. for $400,000 consisting of an escrow deposit in the amount of $25,000 and the balance in cash at closing.