Telemundo to buy L.A. outlet for $239 million

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Telemundo Group will acquire Los Angeles station KWHY-TV for $239 million from Harriscope. The acquisition will give Telemundo its second full-power TV station in the nation's largest Hispanic market, which is also in the top five Hispanic markets in TV ad dollars. The transaction awaits FCC clearance before closing.
- Richard Tedesco

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