M&A Deal Summary

Saga Communications Acquires Ocala Broadcasting - 4 FM Radio Stations

On October 30, 2018, Saga Communications acquired media company Ocala Broadcasting - 4 FM Radio Stations from Ocala Broadcasting

Acquisition Highlights
  • This is Saga Communications’ 2nd transaction in the Media sector.
  • This is Saga Communications’ 2nd transaction in the United States.
  • This is Saga Communications’ 1st transaction in Florida.

M&A Deal Summary
Date 2018-10-30
Target Ocala Broadcasting - 4 FM Radio Stations
Sector Media
Buyer(s) Saga Communications
Sellers(s) Ocala Broadcasting
Deal Type Divestiture

Target

Ocala Broadcasting - 4 FM Radio Stations

Ocala, Florida, United States
Ocala Broadcasting Corporation LLC - 4 FM Radio Stations consists of WOGK(FM), WNDT(FM), WNDD(FM), and WNDN(FM. All the stations serve the Gainesville-Ocala, Florida radio market.

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Buyer(S) 1

Buyer

Saga Communications

Grosse Pointe Farms, Michigan, United States
Category Company
Founded 1986
Sector Media
Employees589
Revenue 113M USD (2023)
DESCRIPTION

Saga Communications is a broadcasting company. Saga Communications was founded in 1986 and is based in Grosse Pointe Farms, Michigan.

DEAL STATS #
Overall 2 of 2
Sector (Media) 2 of 2
Type (Divestiture) 2 of 2
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-04 Wilks Broadcast - WLVQ-FM

United States

Wilks Broadcast - WLVQ-FM is a provider of broadcasting services.

Buy -

Seller(S) 1

SELLER

Ocala Broadcasting

Ocala, Florida, United States
Category Company
Sector Media
DESCRIPTION

Ocala Broadcasting Corporation LLC is a provider of broadcasting services. Ocala Broadcasting Corporation is based in Ocala, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

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