Hubbard Broadcasting has made it to the finish line regarding its deal to acquire a fleet of radio stations in small-market Minnesota. Brokers: Larry Patrick and Susan Patrick, Patrick Communications.
The deal included 16 full power stations and one FM translator.
The seller was Omni Broadcasting Company.
The price was $8,000,000 cash.
The stations include:
Alexandria MN
* KIKY-FM Sauk Center 100.7
* KULO-FM Alexandria 94.3
Bemidji MN
* KLLZ-FM Walker 99.1
* KKZY-FM Bemidji 95.5
* WQXJ-FM Blackduck 104.5
* KBHP-FM Bemidji 101.1
* KBUN-AM Bemidji 1450
* K235BP-FX Bemidji 94.9
Brainerd MN
* KLIZ-FM Brainerd 107.5
* WJJY-FM Brainerd 106.7
* KBLB-FM Nisswa 93.3
* KUAL-FM Brainerd 103.5
* KLIZ-AM Brainerd 1380
* KVBR-AM Brainerd 1340
Wadena-Staples MN
* KWWS-FM Wadena 105.9
* KWAD-AM Wadena 920
* KNSP-AM Staples 1430
Of the four markets, Brainerd and Wadena-Staples are close enough together to warrant a local ownership cap compliance study, which depicted an entirely legal daisy-chain station cluster based on the contour-overlap method.
