Radio One to sell radio station in Minneapolis for $28 mln

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June 13 | Wed Jun 13, 2007 7:11am EDT

June 13 (Reuters) - Broadcaster Radio One Inc. (ROIA.O) said it agreed to sell its KTTB-FM radio station in Minneapolis, Minnesota, to Northern Lights Broadcasting LLC for about $28.0 million.

The deal is expected to close during the second half of 2007, the company said in a statement. (Reporting by Deepti Chaudhary in Bangalore)

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