Linder takes stock of Linder in SW MN deal

By on Sep, 26 2014 with Comments 0

SoldA one-AM, three-FM station group serving an unrated portion of Minnesota is adding an FM, as one man named Linder sells stock to a group directed by four other Linders.

The station is KNSG-FM Springfield MN, a Class C2 on 94.7 MHz with 50 kW @ 472’.

Bruce H. Linder is the seller, and will receive $55K cash for the station.

The buyers operate under the name of KMHL Broadcasting Company, which in turn is a subsidiary of Minnesota Valley Broadcasting Company. The principals are John Linder (55%), Thomas Linder (26%) and Doug Linder (18%). Also on board with is Don Linder.

The other stations in the cluster are KMHL-AM, KKCK-FM & KARZ-FM, all licensed to Marshall MN, and KARL-FM Tracy.

The cluster is located in the southwest corner of Minnesota, far away from any rated territory.

RBR-TVBR observation: Our only regret in writing this story is that we could not figure out a way to work in a little Shakespeare, as in “neither a borrower nor a Linder be.” But it is our firm suspicion that the principals in this all-in-the-family deal are just fine with the idea of being a Linder, and beyond that, it’s not unlikely that they have heard this one before, so in the end, we just had to leave it out.

About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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