Attachment Exhibit E

This document pretains to SES-T/C-20121217-01116 for Transfer of Control on a Satellite Earth Station filing.

IBFS_SESTC2012121701116_978563

                                                                                  FCC Form 312
                                                                                      Exhibit E


                         DESCRIPTION OF TRANSACTION
The Gazette Company is the sole shareholder of Cedar Rapids Television Company, which is the

licensee of transportable transmit-receive earth station E010214. Earth station E010214 is used

in connection with the operations of full-service television station KCRG-TV, Cedar Rapids,

Iowa (Facility ID No. 9719), which is also licensed to Cedar Rapids Television Company. This

application requests the Commission’s consent to the pro forma transfer of control of the license

for E010214 from the current shareholders of The Gazette Company to The Gazette Company’s

Employees’ Stock Ownership Trust (“ESOT”), as controlled by a committee initially comprised

of incumbent shareholders and directors of The Gazette Company (the “ESOP Committee”).

Specific information and documentation pertaining to the ownership of the proposed transferee

in this transaction is provided with the FCC Form 316 application filed concurrently with the

Media Bureau for KCRG-TV (see FCC File No. BTCCDT-20121217ACI).




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Document Created: 2019-04-23 00:17:41
Document Modified: 2019-04-23 00:17:41

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