Coastal Television reaches agreement to acquire Red River Broadcast

FARGO (KFGO/KVRR) – The owners of KVRR-TV have entered into an agreement on the sale of the station.

Red River Broadcast Co., LLC has signed an asset purchase agreement with Coastal Television.

Coastal Television operates ten TV stations in seven states; Alaska, Wyoming, New York, Mississippi, Tennessee, Arkansas and Indiana.

“We think Coastal will be a good fit for carrying on the important work and commitment of our stations in our communities,“ Red River Chief Operating Officer Kathy Lau said.

The sale would also include Red River’s TV station in Duluth – KQDS-TV.

The purchase is subject to approval by the Federal Communications Commission.