[BC] FCC greenlights Clear Channel deal

[Mike McCarthy]

It's a separator trust which keeps the station(s) running until a 
buyer is found.  Another well known trust is the "Last Bastion 
Trust".  Some stations are held in these trusts for years while 
they're marketed.  Working for them can be a real challenge as 
virtually no capital is invested unless it involves the immediate 
continuance of operations.  And even then, it's done as cheaply as possible.

MM

At 01:09 PM 1/25/2008 -0500, Tom Bosscher wrote
>         Does anyone know exactly what and who the "Aloha Trust 
> Fund" is? Is it a holding company for CC, that is controlled by CC? 
> Or is it another stand alone broadcast company? One signal in the 
> Grand Rapids, MI market is being "directed" to the Aloha Trust Fund.