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<p>the company holds "something close to a local monopoly" on radio stations in the Sault Ste. Marie region. The transaction was publicly valued at $3,425,000 in cash. Several Northern Star employees (both on-air and in management) lost their jobs as a result of the purchase. As well, 97.9 <a href="page.php?w=WIHC">WIHC</a> out of <a href="page.php?w=Newberry%2C_Michigan">Newberry, Michigan</a> went dark that same month after not being purchased from Northern Star in the deal, only returning two years later under new ownership. At present, Sovereign</p><p>
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