Two Rivers Radio, Inc.
has closed on the acquisition of the assets of
WNDJ (104.9 FM)
White Stone, Virginia
from
Windmill Communications, Inc.
for
$700,000

Salem Communications Corporation
(Nasdaq:SALM)
has closed on the sale of the assets of 
WITH-AM
Baltimore, Maryland
to
The Peter and John Radio Fellowship
for
$3.00 million cash. 

Davis Media, LLC
has closed on the acquisition of the assets of radio station
WSRV-FM
Deltaville-Gloucester, Virginia
from
Bullseye Broadcasting, LLC
for
$850,000

Davis Media, LLC
has closed on the acquisition of the assets of
WWBR-FM
West Point - Williamsburg, Virginia
from
Winner Broadcasting, LLC
for
$1.150 Million Cash

Priority Communications Ohio, LLC
has closed on the acquisition of the assets of
WEIR-AM
Weirton, West Virginia
and
WCDK-FM
Cadiz-Steubenville, Ohio
from
McGraw Broadcasting Corporation
for
$475,000 Cash

Force 5 Communications, Inc.
has closed in the acquisition of the assets of
WBOP-FM and WSIG-FM
Harrisonburg, Virginia
from
Shenandoah Valley Television, LLC
for
$3.10 Million Cash

Davidson Media, LLC
has closed on the acquisition of the assets of
WSTS-FM
and has acquired an option to purchase
WFMO-AM
Fairmont, North Carolina
from
Pro Media, Inc.
for
$2.14 Million Cash

The Educational Media Foundation - KLOVE
has closed on the acquisition the assets of radio station
WKVE-FM
Danville, Virginia
from
The Southern Entertainment Corporation
for
$3.5 Million 

The Free Lance-Star Publishing Company 
has closed on the acquisition of the assets of
WWUZ-FM
Bowling Green - Fredericksburg, Virginia
from
Rappahannock Communications, Inc.
for
$2.15 Million Cash

Biltmore Broadcasting, LLC
has closed on the acquisition of the assets of
KADY-TV, Channel 63
Oxnard, California
from
John W. Hyde, Chapter 11 Trustee

 Riklis Broadcasting Corporation
for
$11.0 Million Cash

Bonneville International Corporation
has closed an asset exchange agreement with
First Virginia Communications, Inc.
to exchange the assets of
WTOP-FM
Warrenton, Virginia
for the assets of
WUPP-FM
Warrenton, Virginia
As additional consideration for the WUPP-FM assets, First Virginia received $8.1 Million Cash

Basix Communications, LLC
has closed on the acquisition of the assets of radio stations
WIEL-FM and WKMO-FM
Elizabethtown-Hodgenville, Kentucky
from
Elizabethtown Broadcasting Company
for
$500,000 Cash

Paxson Broadcasting of Tampa, L.P.
has closed on the acquisition of the assets of radio station
WKES-FM
St. Petersburg, Florida
from
The Moody Bible Institute of Chicago
for
$35.323 Million Cash

Black Crow Broadcasting, Inc.
has closed on the acquisition of  the assets of radio station
WDXD-FM
Daytona Beach, Florida
from
Terzynski Radio, LLC
for
$1.1 Million