KAIL Fresno, Calif. — PRICE: $3,000,000 BUYER: Aperio Communications LLC (Joshua Castro, manager) SELLER: Trans-America Broadcasting Corp. (Gerardo Borrego, president) BROKER: Kalil & Co. FACILITIES: DTV Ch. 7, 36.300 kW, ant. 1,867 ft. AFFILIATION: MNT
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WTOO-CA Altoona, WBOA-CD Kittanning, WPTG-CD, WBYD-CA Pittsburgh, WWAT-CA Uniontown, all Pennsylvania — PRICE: $25,000 BUYER: Fifth Street Enterprises LLC (Lawrence Rogow, manager) SELLER: Abacus Television (Benjamin Perez, owner) FACILITIES: WTOO-CA: Ch. 50, 26.700 kW, ant. 1,618 ft.; WBOA-CD: DTV Ch. 29, 13.560 kW, ant. 545 ft.; WPTG-CD: DTV Ch. 49, 15.000 kW, ant. 492 ft.; WBYD-CA: Ch. 35, 5.680 kW, ant. 149 ft.; WWAT-CA: Ch. 45, 0.470 kW, ant. 1.306 ft. AFFILIATION: WTOO-CA: DRK; WBOA-CD: DRK; WPTG-CD: DRK; WBYD-CA: DRK; WWAT-CA: DRK COMMENT: Until Sept 22, 2022, or 30 days after the spectrum incentive auction is complete, if buyer at its sole discretion chooses to voluntarily relinquish any spectrum usage rights related to one or more of the stations in exchange for proceeds from the spectrum incentive auction or sells all of its interest in one or more of the stations to a third party, Buyer shall make an additional payment to seller as follows:
Up to $15 million in net auction proceeds, Abacus will receive 30.1%.
$15 million-$18 million: 25%
$18 million-$21 million: 20%
21 million-$24 million: 15%
$24 million-$27 million: 10%
$27 million-$30 million: 5%
More than $30 million: 20%
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