Griffin Communications has purchased five radio stations in the Tulsa, Oklahoma market from the E.W. Scripps Company.
Scripps announced the sale today; the group of stations sold for $12.5 million. Scripps is selling all of its radio stations, which totals 34 in eight markets.
Griffin is based in Oklahoma and bought KFAQ (1170 AM), KHTT (106.9 FM), KVOO (98.5 FM), KXBL (99.5 FM) and KBEZ (92.9 FM). The transaction closes in the fourth business quarter.
Griffin owns and operates four television stations and the accompanying digital platforms in Oklahoma City and Tulsa and runs a portfolio of advertising businesses, including a digital billboard company. It is headquartered in Oklahoma City.