Three Eagles Closes On Purchase Of 12 From Clear Channel
September 4, 2007 at 11:30 AM (PT)
THREE EAGLES COMMUNICATIONS has closed on the purchase of 12 stations in MINNESOTA and IOWA from CLEAR CHANNEL.
Classic Rock KXLP, Sports KYSM-A (1230 THE FAN), and Country KYSM-F (COUNTRY 103)/MANKATO; Hot AC KKEZ (MIX 94.5) and Country KWMT-A/FORT DODGE; and Adult Standards KCHA-A (FABULOUS 1580), AC KCHA-F (THE RIVER), Country KCZE (95.1 THE BULL), Talk KGLO-A, Country KIAI, Classic Rock KLKK (103.7 THE FOX), and Top 40 KSMA (98.7 KISS FM)/MASON CITY were included in the deal. THREE EAGLES is reportedly spinning off the MASON CITY stations to COLOFF MEDIA and has filed to spin KXLP to JOHN LINDER.
KALIL AND CO. served as exclusive broker for the deal.