Jacksonville State University JSU Digital Commons Chanticleer Historical Newspapers 1983-02-03 Chanticleer | Vol 29, Issue 4 Jacksonville State University Follow this and additional works at: https://digitalcommons.jsu.edu/lib_ac_chanty Recommended Citation Jacksonville State University, "Chanticleer | Vol 29, Issue 4" (1983). Chanticleer. 810. https://digitalcommons.jsu.edu/lib_ac_chanty/810 This Book is brought to you for free and open access by the Historical Newspapers at JSU Digital Commons. It has been accepted for inclusion in Chanticleer by an authorized administrator of JSU Digital Commons. For more information, please contact
[email protected]. Vol. *No. 4 February 3,1983 WHMA purchase contract finalized . By SUSIE IRWIN Editor The Jacksonville State University Communications Foundation contracted to purchase WHMA-TV for $2.9 million, from the Anniston Broadcasting Co. both parties announced Saturday. Officials from the university, as well as the station, en- thusiastically revealed the exchange of ownership to press representatives gathered in the Houston Cole Library. "I have never been involved in any transaction t?iat hat! more going for it than this one,"said the Commurlications Foundation attorney A. W. Bolt. Dr. Theron Montgomery cited t ree reasons for acquiring the television station. First, the purchase will enhance the university's new . school of communications. Montgomery said he is "op- timistic" about faculty and student involvement in WHMA in the future. Another reason Montgomery said was offering continued service to the corrmunity by its cooperation and main- taining local ownership. Finally, Montgomery c13clutieu that the purchase is a "financial investment" which will allow for the university's future expansion.