Saga to Acquire Four FM Outlets in Gainesville-Ocala FL

RADIO ONLINE | Tuesday, October 30, 2018

Saga Communications

Saga Communications has agreed to acquire four outlets from Ocala Broadcasting Corporation serving the Gainesville-Ocala, FL, radio market. Included in the deal are 100kW WOGK-FM (K-Country 93.7)/Ocala and the Classic Rock triplecast 6kW WNDD-FM (95.5), 3.2kW WNDT-FM (92.5) and 6kW WNDN-FM (107.9)/Ocala. Terms of the transaction were not immediately disclosed.

Saga Communications President/CEO Ed Christian said, "A number of years ago we let the Dix family know that these stations would be a great fit for Saga. It's not often you get the opportunity to buy stations from the 5th generation of the founding family. We see a lot of opportunity with these stations and these markets. We are pleased that the family has decided to entrust Saga with continuing their long-standing heritage of serving the Gainesville-Ocala region with market leading WOGK (K-Country 93.7) and the WIND classic rock trimulcast. Saga intends to continue building its business in radio by identifying and acquiring middle market stations in dynamic communities."

Saga currently owns or operates broadcast properties in 26 markets, including 75 FM and 33 AM radio stations and 75 metro signals.