C
CHILL
Guest
TRANSACTION COMPLETE.
WHAT WILL BECOME OF 1100 ?
WHAT WILL BECOME OF FRANCIS BATTAGLIA ??
Tuesday, July 12, 2005
Arizona
KFNX-AM/Cave Creek (Phoenix)
PRICE:
$4.88 million
TERMS:
Asset sale for cash
BUYER:
Premier Radio Stations LLC, headed by Manager Lyle Campbell. Phone: 630-240-2095. It owns no other stations.
SELLER:
North American Broadcasting Company Inc. (debtor in Possession), headed by President Francis Battaglia. Phone: 602-277-1100
FREQUENCY:
1100 kHz
POWER:
50kw day/1kw night
FORMAT:
News/Talk
COMMENT:
The purchase price is equal to the aggregate funds necessary to pay all the valid secured and unsecured creditor claims and administrative claims in a bankruptcy case involving the seller.
WHAT WILL BECOME OF 1100 ?
WHAT WILL BECOME OF FRANCIS BATTAGLIA ??
Tuesday, July 12, 2005
Arizona
KFNX-AM/Cave Creek (Phoenix)
PRICE:
$4.88 million
TERMS:
Asset sale for cash
BUYER:
Premier Radio Stations LLC, headed by Manager Lyle Campbell. Phone: 630-240-2095. It owns no other stations.
SELLER:
North American Broadcasting Company Inc. (debtor in Possession), headed by President Francis Battaglia. Phone: 602-277-1100
FREQUENCY:
1100 kHz
POWER:
50kw day/1kw night
FORMAT:
News/Talk
COMMENT:
The purchase price is equal to the aggregate funds necessary to pay all the valid secured and unsecured creditor claims and administrative claims in a bankruptcy case involving the seller.