DMA 16

Sale Of WLPH-CD Miami Closes

The purchase of WLPH-CD Miami (DMA 16) by spectrum aggregator LocusPoint Networks from Gunter Marksteiner for $5.1 million has been completed. The deal was announced in April. Larry Patrick and Greg Guy of Patrick Communications advised the buyer, while Michael Alcamo of M.C. Alcamo & Co. advised the seller.

DMA 16

WLPH-CD Miami Sells For $5.1 Million

Gunter Marksteiner has sold the Miami Class A low-power station to LocusPoint Networks. Larry Patrick and Greg Guy of Patrick Communications advised the buyer, while Michael Alcamo of M.C. Alcamo & Co., Inc., advised the seller. Headed by William deKay and Ravi Potharlanka, LocusPoint in an investment firm that is acquiring stations with plans to participate in the FCC’s incentive auction.