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KZPL-FM/Lee's Summit (Kansas City), MO $10 million

November 20, 2003

KZPL-FM/Lee's Summit (Kansas City)
PRICE: $10 million
TERMS: Transfer of stock. Union is exercising its option to purchase First Broadcasting's 50% interest in KZPL, thus giving Union 100% interest in the station.
BUYER: Union Broadcasting Inc., headed by Chairman/Director Jerry Green. It owns two other stations: including KCTE-AM & WHB -AM/Kansas City.
SELLER: First Broadcasting Company LP, headed by Pres /Vice Chairman Gary M. Lawrence.
POWER: 55kw at 1,171 feet
FORMAT: Triple A