KCMP Sale Upheld By Court
March 5, 2009 at 5:09 AM (PT)
A county court in MINNESOTA has ruled that the 2004 sale of noncommercial AAA KCMP (THE CURRENT, formerly WCAL)/NORTHFIELD, MN-MINNEAPOLIS-ST. PAUL by ST. OLAF'S COLLEGE to MINNESOTA PUBLIC RADIO was valid, reports the NORTHFIELD NEWS.
RICE COUNTY Judge BERNARD BORENE reversed a finding from last JUNE by District Judge GERALD WOLF that blocked the deal by ruling that the station was part of a charitable trust. BORENE also ruled that plaintiff SAVEWCAL is without standing because it had no financial stake in the deal and that the case was filed after an "unreasonable delay" of four years.