A pair of FM radio stations, one serving Fort Wayne and the other reaching South Bend and Elkhart from the south, are being sold. The Fort Wayne FM was once owned by Art Angotti, and later by Russ Oasis and, after that, Adams Radio Group. The Elkhart FM was previously a Federated Media station.
Pending FCC approval, an entity committed to “bringing Christ to the world through media” will become the new owner of the FMs.
WRDF-FM 106.3 in Columbia City, Ind., serving Fort Wayne; and WRDI-FM 95.7 in Nappanee, Ind., are being sold by Fort Wayne Catholic Radio Group to Relevant Radio.
A $1,262,000 purchase price has been agreed upon, with a $63,100 deposit made by the buyer being held at Nicolet Bank. A $1,198,900 wire transfer is due at closing.
There is no broker or finder associated with this transaction.
