KRFO

KRFO is an oldies music formatted radio station in Owatonna, Minnesota. The station is owned by Townsquare Media. On August 30, 2013, a deal was announced in which Townsquare Media would acquire 53 Cumulus Media stations, including KRFO, for $238 million. The deal is part of Cumulus' acquisition of Dial Global; Townsquare and Dial Global are both controlled by Oaktree Capital Management. The sale to Townsquare was completed on November 14, 2013.