I believe it was Millcreek who owned them previously. Simmons Media purchased them. Simmons also owns the Rhythmic in the market, U92 I believe and Movin 100.7
Basically one rimshot group bought the other rimshot group.
I wouldn't expect musical changes as KUDD does well and if they lost the rock product that they are heavy on, it would step on U92's toes.
I admit I have no knowledge of their plans though if any.