EMF to Acquire Canadian Station Entries

In a transaction filed with the FCC today, EMF (Educational Media Foundation) is acquiring two Upstate New York radio stations providing footprint into Canada, from seller Martz Communications Group.

EMF will pay $2.5MM to acquire WYUL (94.7) in Chateaugay, NY, and also WVNV (96.5) Malone, NY both stations providing service to Montreal, Southwestern Quebec and Eastern Ontario.

Richard A. Foreman Associates, Inc was exclusive broker in the transaction, representing Martz Communications.