Digity Companies has agreed to purchase Three Eagles Communications, a radio broadcasting company that owns and operates 48 stations in Nebraska, Iowa, Minnesota and South Dakota. The transaction is subject to Federal Communications Commission approval and is expected to close during the third quarter.
Digity was founded by Dean Goodman, its CEO, and Garrison Investment Group, through the merger of Palm Beach Broadcasting and GoodRadio.TV. The company is headquartered in Palm Beach County, FL.
Digity, through Palm Beach Broadcasting, operates four FM stations in the Palm Beach market. GoodRadio.TV operates 26 radio stations in Midwestern markets. Digity earlier this year purchased 33 radio stations from NextRadio and operates those stations in San Jose, Chicago, suburban Dallas, Saginaw, Canton, Greenville and Myrtle Beach.