Sinclair Grabs WTTA Tampa for $40 Mil in Addition to Newport TV Six
Burgeoning Baltimore broadcaster acquires Bay TV
By Michael Malone -- Broadcasting & Cable, 7/19/2012 12:01:26 PM
Bay TV is owned primarily by Sinclair's controlling shareholders. Since 1998, Sinclair has operated it via a local marketing agreement, which will be terminated upon closing.
The transaction is expected to close in the fourth quarter of 2012, subject to FCC approval.
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