TVS
-- Broadcasting & Cable, 6/26/2000
WLBT(TV) Jackson, Miss., and KLTV(TV) Tyler and satellite KTRE(TV) Lufkin/Tyler, Texas
Price: $204 million cash (merger)
Buyer: Cosmos Broadcasting, Greenville, S.C. (Jim Keelor, president; Liberty Corp., owner [Hayne Hipp, president]); owns 12 other TVs
Seller:Civic Communications, Jackson (Frank Melton, president/owner); no other broadcast interests
Facilities: wlbt: ch. 3, 95.7 kW visual, 19.1 kW aural, ant. 2,419 ft.; kltv: ch. 7, 316 kW visual, 31.6 kW aural, ant. 991 ft.; ktre: ch. 9, 158 kW visual, 31.7 kW aural, ant. 670 ft.
Affiliations:wlbt: NBC; kltv, ktre: ABC
76% of KBEH(TV) Bellevue/Tacoma/Seattle, Wash.
Price: $500,000
Buyer: Christopher Racine, Bellevue; will own 96% of station when deal closes. Racine has interests in four other TVs
Sellers: Tawake and Nancy Baravilala, Donald F. Laidlaw, George Scott, Paul Tennyson and Raymond Wick, Bellevue; no other broadcast interests. Note: Construction permit for station was acquired for $45,000 in 1996
Facilities: Ch. 51, 3,800 kW visual, 500 kW aural
Affiliation: Independent
