LASKER, District Judge.
In January 1981, Saw Mill Broadcasters, Inc. ("Saw Mill") entered into an agreement with Kingston Broadcasters, Inc. ("Kingston"), under which Saw Mill agreed to purchase a radio station from Kingston, and which provided for Saw Mill to lease from Kingston the premises upon which the radio station was located. The transaction contemplated by the agreement was closed in June 1981. Under the terms of the lease, Saw Mill acquired an option to...
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