Forum Communications To Buy KQDS-TV in Duluth and KVRR-TV in Fargo

DULUTH, Minn. – Red River Broadcast has entered into an asset purchase agreement with Forum Communications Corp for the sale of their station assets, the FOX affiliates in Fargo, ND, and Duluth, MN.

The transaction is pending the grant of a waiver from the FCC.

Forum currently owns WDAY, the ABC affiliate in Fargo, as well as a number of newspapers including both Fargo and Duluth.

“We considered a number of suitors”, said Kathy Lau, COO of Red River/KQDS, “Forum’s decades-long commitment to local journalism, and their local, family ownership were important to our final decision.” She continues, “At a time of increased consolidation nationally, local ownership will be a difference-maker.”

Red River/KQDS is currently owned by Curtis Squire Inc., a family holding company that has held the stations for the past several decades.

Both companies expect to file with the FCC in the next few weeks.