Close encounter in Austin


Austin TX is a pretty big market. But we’re talking Austin MN, near Minnesota’s southern border with Iowa. That’s where Greg Jensen’s Hometown Broadcasting has accepted the deeds and keys for KNFX-AM, according to brokerage house Kalil & Co. The seller, picking up $250K, was Clear Channel. Hometown owns KQPR-FM, not too far away in Albert Lea MN, and also has a CP to build an AM there.