Louisiana
KPXS-FM/Vidalia
PRICE: Undisclosed
TERMS: Transfer of interest
BUYER: Foster Charitable Foundation, Inc., headed by President David Greenwald. Phone: 830-896-1230. It owns no other stations. This represents its entry into this market.
SELLER: Vision Broadcasting, Inc., headed by President Carol Brown. Phone: 601-445-9900
FREQUENCY: 104.7 MHz
POWER: 3kw at 266 feet
FORMAT: Urban AC
COMMENT: Transfer of Carol Brown's 25% equity and 100% voting interest in Vision Broadcasting, Inc., licensee of KPXS-FM/Vidalia, LA to the Foster Charitable Foundation, Inc. for $7,000, including a $5,000 deposit and a $2,000 cash payment at closing. The Foster Charitable Foundation, Inc. has assumed the interest of Kent Foster, former owner of a 75% interest in Vision Broadcasting, Inc.