Found this on radio and records
New York
WBON-FM/Westhampton (Hamptons-Riverhead)
PRICE: $1.75 million
TERMS: Asset sale for cash
BUYER: JVC Broadcasting Corp., Inc., headed by President/CEO John Caracciolo. Phone: 631-648-2500. It owns no other stations. This represents its entry into this market.
SELLER: Jarad Broadcasting Co., Inc., headed by CEO Ronald Morey. Phone: 631-648-2500
FREQUENCY: 98.5 MHz
POWER: 950 watts at 525 feet
FORMAT: Latino
COMMENT: Jarad Broadcasting Company of Westhampton's WBON-FM/Westhampton, N.Y., to JVC Broadcasting Corp. for $1.75 million. $125,000 escrow deposit plus $1.625 million cash at closing.