Northeast Indiana Public Radio, Inc. closed sale of W258BY Fort Wayne, IN

PRESS RELEASE

March 17, 2014

Northeast Indiana Public Radio, Inc., an Indiana nonprofit corporation has closed the sale of the construction permit for W258BY Fort Wayne, IN to Fort Wayne Catholic Radio Group, Inc., an Indiana nonprofit corporation. The sale price is $113,000.

Bob Heymann of the Chicago office of Media Services Group served as the exclusive broker representing the seller in this transaction and Jon Yinger of Broadcast Properties LLC served as the exclusive broker representing the buyer in this transaction.