Tribune buys 19 TV stations for $2.7B, become No. 1 station owner in US

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Tribune Co. just became the country’s largest independent owner of a TV station.
Just out of Chapter 11 reorganization, the Chicago company on Monday bought 19 stations from Local TV LLC for $2.7 billion in cash.
The deal puts Tribune in 14 of the top 20 markets and… …read more
Source: NY Post

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