5-22-2012
That was the result from the bankruptcy court yesterday to disburse of the remaining 30 Nassau stations that were not auctioned off in an earlier proceeding. Bill Binnie is successful businessman, who's made his money in plastics, and owns several Television stations. Binnie made an unsuccessful 2010 run at a Republican Senate seat. He's also the finance chairman of the New Hampshire Republican Party. Binnie's Carlisle Capital will pay $12.5 million for the stations. The bid was made jointly with Jeff Shapiro, who owns a number of Upper Valley radio stations. Nassau was forced into bankruptcy last September.
