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
December 17, 1993 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 (I.R.S. Employer
of 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 December 17, 1993, Empire State Broadcasting
Corporation, an indirect wholly-owned subsidiary of Price
Communication Corporation, agreed to sell to Keymarket of
Buffalo, Inc., substantially all the assets, together with
certain liabilities, relating to the operation of radio broadcast
stations WWKB(AM) and WKSE(FM), licensed respectively to Buffalo,
New York, and Rochester, New York, for $5,000,000. The closing
is expected to occur during the first half of 1994, subject to
approval of the Federal Communications Commission.
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: January 4, 1994 /s/ Robert Price
Robert Price
Chief Executive Officer, President
and Director
