Wednesday, August 24, 2016

Midwest To Acquire 5 Stations From Red Rock Radio


Midwest Communications has agreed to acquire five outlets and three translators in Minnesota from Red Rock Radio Corp. Terms were not immediately disclosed.

Included in the deal are
  • Rock 100kW KQDS 94.9 FM Duluth
  • AC 100kW WEVE 97.9 FM Eveleth
  • Country 100kW KGPZ 96.1 FM Coleraine
  • Classic RoCk 63kW WXXZ 95.3 FM Grand Marais
  • ClassiC Rock 33kW KAOD 106.7 FM Babbitt
Plus affiliated translators W252AN/Hibbing, W288AI/Ely and W221AU/Virginia.

Midwest Communications is a Wisconsin-based company headed by Duke Wright and owns 73 radio stations throughout Tennessee, Michigan, Wisconsin, Indiana, and Minnesota. Red Rock Radio, is a Minnesota-based company headed by Kathy Lau and Shawn Skramstad and owns 24 radio stations in Minnesota.

Kalil & Co., Inc. is the broker for this transaction.

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