|
|
Article: LIN TV Corp. Completes Acquisition of KASA-TV.
- Article from:
- Business Wire
- Article date:
- February 27, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Acquisition augments LIN's multi-station strategy
PROVIDENCE, R.I. -- LIN TV Corp. (NYSE: TVL) today announced that it has completed the acquisition of KASA-TV, the FOX affiliate in Albuquerque, New Mexico, from Raycom Media. LIN TV has been operating the station pursuant to a local marketing agreement since September 15, 2006.
The acquisition adds a television duopoly in the 45th-ranked Albuquerque-Santa Fe television market, where LIN TV also owns KRQE-TV, the local CBS affiliate, which produces 25 hours of local news each week, including the market's #1 late news broadcast.1 The market spans some 180,000 square miles and is one of the three largest ...