Neal Ardman of St. Marys, operating under the corporate name Radio Statesboro Inc., has closed on the acquisition of a six-station cluster that serves Statesboro. The $600,000 acquisition from Cecil Staton's Georgia Eagle Media Inc. closed last week. In the structure of the deal, Staton continues ownership of the towers, which will be leased to Radio Statesboro, in what is known as a vertical real estate deal.
Inside Bulloch Business with DeWayne Grice - 'Old-school radio guy' buys Statesboro stations