Leighton Enterprises is adding to its reach in western Minnesota with the purchase of three Alexandria radio stations.
Leighton is buying KXRA/1490 (Alexandria), KXRA-FM/92.3 (Alexandria), and KXRZ/99.3 (Alexandria) from Paradis Broadcasting, according to a news story posted on KXRA’s website. KXRA is also relayed on FM translators K262AT/100.3 (Alexandria) and K289CL/105.7 (Glenwood).
The purchase price is $3.4 million, according to an asset purchase agreement filed with the FCC on Sept. 27. Separately, Leighton will pay Dolora Paradis $240,000 for the KXRA studio building in Alexandria.
KXRA reported that current owner Brett Paradis will continue as general manager, and other employees will remain as well.
KXRA carries a News/Talk format, while “KX92” carries Classic Rock and “Z99” carries Hot Adult Contemporary.
The group competes with Hubbard Radio’s two FM stations in Alexandria.
The Alexandria group is a natural addition for St. Cloud-based Leighton Enterprises, which also has groups in the adjacent St. Cloud and Fergus Falls areas, in addition to Detroit Lakes, Grand Forks, and Winona.