Broadcasting is controlled by Nassau's creditors — Goldman Sachs, Pluss Enterprises, and P.E. Capital. In November, NB Broadcasting filed a motion to assign its rights to the stations to Connoisseur Media. The sale to Connoisseur Media, at a price of $38.7 million, was consummated on May 29, 2013. On March 22, 2018, it was announced that the station had been sold by Connoisseur Media to Townsquare Media (along with WNJE and WCHR) for a deal totaling $17.3 million. The acquisition was finalized on July 2, 2018. Signal note WPST is short-spaced to two other Class B stations: WXBK 94.7 The Block (licensed to serve Newark, New Jersey) and WDAC (licensed to serve Lancaster, Pennsylvania). They are also short spaced due to WJLK on 94.3 in Asbury Park, NJ WPST and WXBK operate on first adjacent channels (94.5 MHz and 94.7 MHz) and the distance between the stations' transmitters is 59 miles as determined by FCC rules. The minimum distance between two Class B stations operating on first adjacent channels according to current FCC rules is 105 miles. WPST and WDAC operate on the same channel and the distance between the stations' transmitters is 76 miles as determined by FCC rules. The minimum distance between two Class B stations operating on the same channel according to current FCC rules is 150 miles. See also WPEN (FM) References External links PST Trenton, New Jersey Radio stations established in 1965 Contemporary hit radio stations in the United States Townsquare Media radio stations 1965 establishments in New Jersey