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MALRITE BUYS COX'S RADIO STATION UNIT
<Malrite Guaranteed Broadcast Partners
L.P.> said it bought WTRK Inc from <Cox Enterprises Inc> for
13.8 mln dlrs in cash.
It said WTRK owns and operates WTRK-FM, a Philadelphia
radio station. Transfer of the license for the sation has been
approved by the Federal Communications Commission.
Malrite Guaranteed said it is a limited partnerhip formed
to acquire and operate radio and tv stations. It said Malrite
Communications Group Inc <MALR> is the general partner.
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