Armada Closes On Watertown, SD Cluster Purchase
August 3, 2007 at 3:36 PM (PT)
ARMADA MEDIA CORP. has closed on its purchase of four stations in the WATERTOWN, SD market from BIG STONE BROADCASTING and PHEASANT COUNTRY BROADCASTING for $2.9 million. Oldies daytimer KMSD-A/MILBANK, SD; Country KBWS (PHEASANT COUNTRY 103)/SISSETON, SD; and Country KDIO-A and Classic Rock KPHR (POWER 106.3)/ORTONVILLE, MN are included in the deal.
JODY MCCOY and TOM MCKINLEY of MEDIA SERVICES GROUP served as exclusive brokers for the sellers.