Sections

Weather Forecast

Close
Advertisement

KFGO, sister stations deal worth $25 million

Email

FARGO - Midwest Communications will pay $25 million for KFGO and the five other local stations that make up Radio Fargo-Moorhead, according to a purchase agreement filed with the Federal Communications Commission.

Radio Fargo-Moorhead owner Jim Ingstad is selling the stations for $11 million more than he paid when he bought them back from Clear Channel Communications in 2006, after having sold them to Clear Channel six years earlier for $46.5 million.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement
Advertisement
randomness