/// Tribune to Buy Local TV Group for $2.7 Billion

July 1, 2013  |  Variety

Tribune Co., doubling down on the broadcast television biz, announced an agreement to acquire Local TV Holdings’s 19 TV stations in 16 key markets for $2.725 billion in cash — a deal that would make Tribune one of the biggest TV station owners in the U.S. With the deal, Tribune’s local TV footprint will increase… Read more

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