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Small TX AM sells for $10

U

Unknowable

Guest
From RadioInsight:
"Collins Communications Company sells Country “1470 The Twister” KDHN Dimmitt TX to Nancy Malone’s ELB Broadcasting for $10."
 
That's what's called a "friendly sale." It happens more often than you might think. It may be as simple as the original-equipment owner essentially giving the station to his kids to avoid estate tax later on.
 
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