EMF Acquires Canadian Station Entries

In a transaction which closed today, EMF (Educational Media Foundation) has acquired two Upstate New York radio stations providing footprint into Canada, from seller Martz Communications Group.

EMF paid $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.