• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

Station Swaps- Has anyone dealt with this

B

bishoppri

Guest
My owner has identified a station that he would like to acquire but would like to offer his station for the others station. How difficult is this and does the FCC approve such transactions?
 
If he can get an agreement with the other owner, not difficult at all anymore. He would be smart to spend some money on visiting his local attorney & accountant, and hiring communications counsel if he doesn't have one.

If both owners have other properties in the same market, then there may need to be an analysis done to determine any possible multiple ownership issues that may develop.

Some Issues:

1. Arriving at reasonable asset valuation of properties (I would assume this would be an exchange of assets between two corporate entities);
2. Tax consequences: Sale of one business and purchase of another may escape, or ameliorate effect of capital gains taxes--that's a question for the accountant;
3. Who gets accounts receivables, adjustment of rental incomes (tower), if there would be any shared property, who gets real estate, etc. All those little details the lawyers love to argue about.
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.
Back
Top Bottom