Cordillera’s Half-Billion Dollar TV Sign-Off


In 1986, a family-owned television broadcasting company based in St. Paul, Minn., came to fruition. Over time, this operation would grow to 16 stations in markets as diverse as Tucson; Corpus Christi, Tex.; and San Luis Obispo, Calif.

Thirty-two years later, Cordillera Communications is exiting TV station ownership.

The buyers: One big publicly traded media company that just sold off its radio stations, and an Illinois-based player with a diverse portfolio of media properties. 

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