Updated 7/1 -- SYRACUSE -- Documents filed with the FCC this week show the majority owner of Galaxy Communications is cashing in its chips. Boston-based Alta Communications is selling its stake in the Syracuse-based company, which operates 8 Syracuse market radio stations, 6 Utica-Rome stations, and an FM translator near Albany. Because the changes are legally considered as a sale, one of Galaxy's Syracuse stations must be "spun off" to a separate company, per FCC regulations.