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Re: avdave post# 17267

Thursday, 11/15/2007 2:22:18 PM

Thursday, November 15, 2007 2:22:18 PM

Post# of 29782
Source on this?

Did he get $700,000 cash along with the note of $600,000

The combined acquisition cost for both radio stations was $180K. He owned them for a couple of years before he sold them to PHGI shareholders for $1.3 million. Good deal for the shareholders? Hard to say, I guess.

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