Waldens Sell Five In Oregon
February 1, 2007 at 5:46 AM (PT)
COLUMBIA RIVER LLC is buying KIHR & KCBG/HOOD RIVER, OR and KACI-A & F & KMSW/THE DALLES, OR from GREG and MYLENE WALDEN of COLUMBIA GORGE BROADCASTERS INC. and MSW LLC. COLUMBIA RIVER LLC shares ownership with BICOASTAL MEDIA.
"The decision to sell this generational broadcast company has been one of the most difficult in our lives," said GREG WALDEN, a U.S. congressman for the second district. "However we are pleased to have the stations placed in the hands of BICOASTAL MEDIA. The company has been successful in operating station groups in similar size markets on the West Coast. We have enjoyed being a part of the GORGE business community; it is in our blood. However, with changes in CONGRESS and additional demands on my time, it became clear that we need to take this step."