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Champaign Multimedia Group Closes on Ten in Illinois
RADIO ONLINE | Thursday, May 9, 2024 |
Champaign Multimedia Group has closed on its acquisition of ten radio outlets in Illinois from Neuhoff Media. Included in the deal were WDAN-AM, WDNL-FM, WRHK-FM and W284DD licensed to Danville; WDZQ-FM, WSOY-AM, WSOY-FM, WDZ-AM and W277DB licensed to Decatur; and WCZQ-FM licensed to Monticello.
The sellers, Neuhoff Media Danville, Neuhoff Media Decatur and Neuhoff Family LP are Illinois-based companies. Champaign Multimedia Group is an Illinois-based company headed by Larry Perrotto, which also owns stations in Champaign, IL.
Kalil & Co., Inc. was the exclusive broker for the transaction.
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