Transactions for June 1, 2009

Transactions At A Glance
Beasley Broadcast Group's KCYE-FM/North Las Vegas, and KBET-AM/Winchester, Nev., to Royce International Broadcasting Co.'s Silver State Broadcasting for $15.25 million … Legend Communications of Wyoming's CP for KHRW-FM/Ranchester, and KYTS-FM/Ten Sleep, Wyo., to Global News Consultants for $200,000 promissory note … Andrew A. Wachter's CP for NEW-FM/Gackle, N.D. to Michael Greene for $65,000 … La Radio Cristiana Network's Paulino Bernal Evangelism's CP for NEW-FM/Del Rio, Texas to La Nueva Cadena Radio Luz for $1 … Charles A. Hecht and Alfredo Alonso's CP for WVVT-AM/Essex Junction, Vermont to Hilda C. Gallant and Paul Salas for $1 … Augusta Radio Fellowship Institute is returning WLGP-FM/Harkers Island, N.C. to Barinowski Investment Co., LP. Barinowski Investment Co., LP donated the station to Augusta Radio Fellowship Institute earlier in the year. No consideration is changing hands … Houston Christian Broadcasters is donating its CP for KALD-FM/Caldwell, Texas to From His Heart Ministries Inc for no consideration

Nevada
KCYE-FM/North Las Vegas and KBET-AM/Winchester (Las Vegas)
PRICE: $15.25 million
TERMS: Asset sale for cash
BUYER: Royce International Broadcasting Co., headed by president/CEO Edward Stolz, II. Phone: 916-367-8021. It owns one other station. This represents its entry into this market.
SELLER: Beasley Broadcast Group, headed by chairman/CEO George Beasley. Phone: 239-263-5000
FREQUENCY: 104.3 MHz; 790 kHz
POWER: 25kw at 3,701 feet; 1kw day/300 watts night
FORMAT: Country; Country Sports
BROKER: Michael J. Bergner of Bergner & Co.
COMMENT: Beasley Broadcast Group's KCYE-FM/North Las Vegas, and KBET-AM/Winchester, Nev., to Royce International Broadcasting Co.'s Silver State Broadcasting for $15.25 million, payable in cash at closing. $1 million escrow deposit. Deal also includes certain intellectual property of KFRH-FM/Boulder City, Nev.

North Carolina
WLGP-FM/Harkers Island (Greenville-New Bern-Jacksonville)
PRICE: Undisclosed
TERMS: Returned donation
BUYER: Barinowski Investment Co. LP, headed by president C T Barinowski. Phone: 706-309-9610. It owns no other stations. This represents its entry into this market.
SELLER: Augusta Radio Fellowship Institute, headed by President C T Barinowski. Phone: 706-309-9610
FREQUENCY: 100.3 MHz
POWER: 100kw at 486 feet
FORMAT: Christian
COMMENT: Augusta Radio Fellowship Institute is returning WLGP-FM/Harkers Island, N.C. to Barinowski Investment Co., LP. Barinowski Investment Co., LP donated the station to Augusta Radio Fellowship Institute earlier in the year. No consideration is changing hands.

North Dakota
NEW -FM(CP)/Gackle
PRICE: $65,000
TERMS: Asset sale for cash & note
BUYER: Michael Greene. Phone: 701-318-2256. It owns no other stations. This represents its entry into this market.
SELLER: Andrew Wachter. Phone: 620-231-5620
FREQUENCY: 99.1 MHz
POWER: 100kw at 502 feet
FORMAT: CP - NOA
COMMENT: Andrew A. Wachter's CP for NEW-FM/Gackle, N.D. to Michael Greene for $65,000. $5,000 deposit plus $60,000 promissory note.

Texas
KALD-FM(CP)/Caldwell (Austin)
PRICE: Undisclosed
TERMS: Donation/No consideration
BUYER: From His Heart Ministries, Inc., headed by president Jeff Schreve. Phone: 903-861-3000. It owns no other stations. This represents its entry into this market.
SELLER: Houston Christian Broadcasters, Inc., headed by president Bruce Munsterman. Phone: 713-520-5200
FREQUENCY: 91.9 MHz
POWER: 6kw at 328 feet
FORMAT: Christian
COMMENT: Houston Christian Broadcasters is donating its CP for KALD-FM/Caldwell, Texas to From His Heart Ministries Inc for no consideration.

NEW -FM(CP)/Del Rio
PRICE: $1
TERMS: Asset sale for cash
BUYER: La Nueva Cadena Radio Luz, Inc., headed by president Israel Tellez. Phone: 956-489-1013. It owns one other station. This represents its entry into this market.
SELLER: La Radio Cristiana Network, Inc., headed by president Paulino Bernal, Jr. Phone: 956-686-6382
FREQUENCY: 90.5 MHz
POWER: 3kw at 328 feet
FORMAT: CP - NOA
COMMENT: La Radio Cristiana Network's Paulino Bernal Evangelism's CP for NEW-FM/Del Rio, Texas to La Nueva Cadena Radio Luz for $1.

Vermont
WVVT-AM(CP)/Essex Junction (Burlington-Plattsburgh)
PRICE: $1
TERMS: Asset sale for cash
BUYER: Gallant, Hilda & Salas, Paul, headed by partner Hilda Gallant. Phone: 973-226-7144. It owns no other stations. This represents its entry into this market.
SELLER: Hecht, Charles & Alonso, Alfredo, headed by partner Charles Hecht. Phone: 908-730-7959
FREQUENCY: 670 kHz
POWER: 50kw day/300 watts night
FORMAT: CP - NOA
COMMENT: Charles A. Hecht and Alfredo Alonso's CP for WVVT-AM/Essex Junction, Vermont to Hilda C. Gallant and Paul Salas for $1.

Wyoming
KHRW-FM(CP)/Ranchester and KYTS-FM/Ten Sleep
PRICE: $200,000
TERMS: Asset sale for note
BUYER: Global News Consultants, LLC., headed by manager Norman Swan. Phone: 856-206-1157. It owns no other stations. This represents its entry into this market.
SELLER: Legend Communications, LLC., headed by president Lawrence Patrick. Phone: 410-799-1740
FREQUENCY: 92.7 MHz; 102.1 MHz
POWER: 2kw at 1,135 feet; 17kw at 860 feet
FORMAT: CP - NOA; CP - NOA
COMMENT: Legend Communications of Wyoming's CP for KHRW-FM/Ranchester, and KYTS-FM/Ten Sleep, Wyo., to Global News Consultants for $200,000 promissory note. The purchase price is being allocated as follows: $125,000 for KYTS and $75,000 for KHRW.