UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 8-K
_______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
June 13, 1994 1-8309
(Date of earliest report) (Commission File Number)
PRICE COMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
New York 13-2991700
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification Number)
45 Rockefeller Plaza, Suite 3201, New York, New York 10020
(Address of principal executive offices) (Zip Code)
(212) 757-5600
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
On June 13, 1994, Price Communications Corporation
entered into an agreement to sell substantially all of the
assets, together with certain liabilities, relating to radio
stations WBZT(AM) and WIRK(FM), West Palm Beach, Florida, for a
cash purchase price consisting of $22 million plus 85% of the
face amount of the accounts receivable of such stations. The
closing is subject to the approval of the Federal Communications
Commission and other conditions.<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
PRICE COMMUNICATIONS CORPORATION
Date: June 27, 1994 /s/ Robert Price
Robert Price
Chief Executive Officer, President
and Director
