Minnesota AM Sold, But Stays In The Family
December 3, 2015 at 3:59 AM (PT)
JAMES INGSTAD's RADIO FARGO-MOORHEAD, INC. is selling Country KBMW-A/BRECKENRIDGE, MN-WAHPETON, ND to daughter BROOKE INGSTAD's RADIO WAHPETON BRECKENRIDGE, LLC for $300,000. JAMES INGSTAD owns 89% of the stock and 100% of the votes of the seller, while BROOKE INGSTAD owns 11% of the stock of the seller.
In other filings with the FCC, KASPAR BROADCASTING CO., INC. has applied for an extension of its Silent STA for W232CP/NOBLESVILLE, IN while it builds modified facilities.