The purchase of three stations from Mission Broadcasting by Marshall Media Group for $58.5 million tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Kelsey.
WEEK ENDING JUNE 9
Station Trading Roundup: 3 Deals, $58.7M
Multistate Deal — PRICE: $58,500,000 — BUYER: Marshall Media Group (Pluria Marshall, Jr, president/CEO) SELLER: Mission Broadcasting Inc (Dennis Thatcher, president)
Iowa: KLJB Davenport — FACILITIES: DTV Ch. 49, 1000.000 kW, ant. 1,128 ft. AFFILIATION: FOX
Louisiana: KMSS Shreveport — FACILITIES: DTV Ch. 34, 1000.000 kW, ant. 1,808 ft. AFFILIATION: FOX
Texas: KPEJ Odessa — FACILITIES: DTV Ch. 23, 600.000 kW, ant. 1,093 ft. AFFILIATION: FOX
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KXCC-CA Corpus Christi & KXLK-CA Austin, both Texas — PRICE: $175,000 BUYER: Abraham Telecasting Co LLC (Thomas Abraham, managing member) SELLER: Casa of Corpus Christi (David Stapleton, trustee) FACILITIES: KXCC-CA: Ch. 45, 12.800 kW, ant. 294 ft.; KXLK-CA: Ch. 40, 9.000 kW, ant. -98 ft. AFFILIATION: KXCC-CA: DRK: KXLK-CA: DRK
BRAND CONNECTIONS
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K48OL-D Rio Grande City, Texas — PRICE: $0 (donation) BUYER: La Palabra Viviente Ministries (Jose Palma, president) SELLER: Hispanic Christian Community Network Inc (César Antonio Guel, president) FACILITIES: DTV Ch. 48, 0.500 kW, ant. -7 ft.
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