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Riverfront to Acquire Four MN Outlets for $2.3M
RADIO ONLINE | Wednesday, March 29, 2017 |
Riverfront Broadcasting has agreed to acquire four Minnesota outlets from Result Radio Group's Windom Radio Inc. and KBEW Inc. for $2.37 million at closing. Included in the deal are 25kW Country KBEW-FM (98.1) and 1kW Farm KBEW-AM (1560) in Blue Earth (Mankato) along with 5.kW Country KDOM-FM (94.3) and 1kW Country KDOM-AM in Windom. Windom and KBEW are headed by President Jerry Papenfuss, while Riverfront is headed by Doyle and Carolyn Becker. Susan Patrick and Jason James of Patrick Communications brokered the deal.
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