Aug 11, 2004
St. Olaf's College will sell WCAL to Minnesota Public Radio for $10.5 milliion, the St. Paul Pioneer Press reports. The college founded an AM precursor to the FM classical music station more than 80 years ago. Last year the station had member revenues of $860,000 and aid of $130,000 from the college, but the college discontinued its assistance this year, according to the Twin Cities Business Journal.
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