Leighton buys more Minnesota radio stations

Leighton buys more Minnesota radio stations Click to Enlarge Photo: By KNSI News Anchor Frank Lee

Apr 7, 2015 at 6:01 pm

ST. CLOUD, Minn. (KNSI) - Leighton Enterprises, Inc., announced today that it has signed an agreement to purchase 10 radio stations from Minnesota broadcaster Jerry Papenfuss' KAGE, Inc., and Result Radio, Inc.

"Our company is committed to local radio and this is a great opportunity to expand our presence into the Fergus Falls, Perham and Winona, Minnesota, markets," said Bob Leighton, chief executive officer.

"The Fergus Falls and Perham markets being adjacent to our Detroit Lakes operations make them natural fits. Winona is a great market in southeast Minnesota and western Wisconsin that opens up a new region for us."

The purchase includes five KAGE stations and five Result Radio stations listed below. The agreement was filed with the Federal Communications Commission on April 7.

"Pat and Jerry Papenfuss' induction into the Minnesota Broadcasters Hall of Fame is a testament to their excellence and dedication to the communities their stations serve through their radio ownership," Leighton said.

"We are committed to maintaining that dedication and look forward to welcoming all Results Radio and KAGE employees to the Leighton Broadcasting family."

Leighton Enterprises, Inc., is a family and employee-owned marketing company that operates radio stations under the name Leighton Broadcasting in three markets: Grand Forks, North Dakota, and Detroit Lakes and St. Cloud, Minnesota.

Jerry Papenfuss said, "Pat and I are pleased to pass ownership of our stations to broadcasters that have the same values as we do. Leighton Enterprises shares our commitment to the community, our listeners, our advertisers and our staff."

* KAGE (AM)                * KJJK (AM)
* KAGE (FM)                * KJJK (FM)
* KWNO (AM)               * KBRF (AM)
* KWNO (FM)               * KZCR (FM)
* KHME (FM)                * KPRW (FM)

Leighton Enterprises, Inc., also owns Leighton Interactive, a full-service inbound marketing agency, Magnetic Spark, a promotional and apparel supply company, TV3, a local leased access cable TV channel and video production company, and the Granite City Speedway in Sauk Rapids, Minnesota.

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