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[Ron Bello]

Capital gains tax

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On Thu, Nov 9, 2017 at 11:45 PM, A Joseph Ross <joe@attorneyross.com> wrote:

> There's a tax penalty for selling a station?
>
> On 11/9/2017 1:37 PM, Rob Landry wrote:
>
> There could not have been a local buyer in this case, because CBS and
>> Entercom didn't want to pay the tax pemalty the sale of any station would
>> have incurred. The deal was done as a swap: WBZ, WRKO, WKAF, and WZLX to
>> Eyeheart in exhange for all the Eyeheart stations in Richmond and
>> Chattanooga.
>>
>
> --
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>