Midwest Communications Completes Acquisition of the assets of Radio Fargo-Moorhead
Midwest Communications has completed the acquisition of the assets of Radio Fargo-Moorhead, the parent company of KFGO-AM, KVOX-AM, KBVB-FM, KMJO-FM, KRWK-FM and WDAY-FM for $25 Million.
Radio Fargo-Moorhead is headed by Jim Ingstad. Midwest Communications, headed by Duke Wright, owns 47 radio stations in Wisconsin, Minnesota, Michigan, Illinois and Indiana.
Jerry Johnson of our Minneapolis office represented the seller in this transaction.