| Date: |
September 22, 2009 |
Nassau Contact: Tristram E. Collins,
Sr. Executive Vice President
Telephone: 609-452-9696
Great
Eastern Contact: Jeff Shapiro, President
Telephone: 603-643-4007
|
Great
eastern radio to purchase TWO nassau new england radio stations
WNNH
FM and WWHQ FM
Concord,
NH – Nassau Broadcasting
Partners, LP today announced that Great Eastern Radio LLC
has agreed to acquire two FM radio stations, WNNH FM licensed
to Henniker, NH and WWHQ FM licensed to Meredith, NH, both
of which operate in the Concord-Lakes market in New Hampshire.
The stations were scheduled to be divested by Nassau per
FCC ownership requirements as part of the Company’s
recent filing with the FCC of its previously announced restructuring.
The terms of the agreement have not been disclosed pending
filing with the FCC. Glenn Serafin of Serafin Bros., Inc.,
a Tampa, Florida-based media brokerage and financial services
company, represented Nassau exclusively in the transaction.
Nassau Broadcasting, a privately held firm in Princeton,
New Jersey that currently owns and/or operates 51 radio stations
in New Jersey, Pennsylvania, Maryland, Vermont, New Hampshire,
Massachusetts and Maine. The
Company's web site is www.nassaubroadcasting.com.
Great
Eastern Radio, LLC is a privately held radio broadcaster
in Hanover, New Hampshire.