"On November 6, 2011, the Tri-city Herald reported that a Fargo, N.D., radio owner was paying more than $6 million to purchase 12 stations in the Tri-Cities and Yakima currently owned by New Northwest Broadcasters.Ingstad Radio Washington agreed to purchase — at a discount — more than $16 million in debt owed by Seattle-based New Northwest Broadcasters from a creditor, CIT Group.