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Neuhoff to Sell Lafayette IN Cluster to Saga Communications
RADIO ONLINE | Tuesday, February 13, 2024 |
Neuhoff Family LP, the parent company of Neuhoff Media-Lafayette LLC, has has entered into an agreement to sell the assets of its Lafayette, IN radio stations, including WKOA-FM, WKHY-FM, WASK-FM, WXXB-FM, WASK-AM, translator W269DJ and associated digital assets to Saga Communications of Indiana LLC. The company announced last month that it has made the strategic decision on behalf of the Neuhoff family to depart the broadcast industry after a period of almost 70 years.
"Saga Communications will continue the stewardship of these important stations for the Lafayette market. The Neuhoff Family is proud of the service provided to the community by our team and we are excited for what the future holds under their ownership," said Neuhoff Family LP President Mike Hulvey.
The company expects that there will be additional announcements regarding upcoming agreements as the Neuhoff divestiture process moves forward. Kalil & Co., Inc. acted as the broker for this transaction.
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