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As far as I know he only buys FMers that are really inexpenisve. He bought 2 FMs for only $6 million in Rhode Island when Citadel had a "fire sale". One covers the Providence/New Bedford Market. The other covers the Newport/Block Island market. One is a popular Spanish Station - Latina 100.3 and the other is a Jazz Station 102.7 Radio Festival. (When Davidson first bought 102.7 he converted it to Portugese under the Radio Festival name. Problem was 102.7 doesn't cover where the Portugese live. 100.3 does).
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