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Thursday, July 26, 2012

Barry Drake Deals 6 To Duke Wright

7-25-2012

The market is Sioux Falls, South Dakota where Drake?s Backyard Broadcasting will sell a cluster to Wright?s Midwest Communications. The purchase price was not announced. Midwest, based out of  Wisconsin owns 47 stations in Wisconsin, Minnesota, Illinois and Indiana. The deal with Backyard includes 5 FM?s and 1 AM (KELO-FM, KSQB-FM, KXQL-FM, KRRO-FM, KTWB-FM and KWSN-AM).

Kalil and Company was the exclusive broker for the deal.

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