WEEK ENDING FEB. 24
Station Trading Roundup: 1 Deal, $175,000
The purchase of WLNM-LD Lansing, Mich., by Gray Television tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
TCT Ministries (Garth Coonce, president) is buying the religious-formatted low-power station from spectrum aggregator LocusPoint Networks (Ravi Porharlanka and Bill deKay) for $2 million. Greg Guy of Patrick Communications was the broker.