Article: Meredith Corporation Completes Acquisition of Hartford, Conn. Television Station

DES MOINES, Iowa, Sept. 4 /PRNewswire/ -- Meredith Corporation (NYSE: MDP) announced today it has completed its acquisition of WFSB-TV, the CBS affiliate serving Hartford-New Haven, Conn., in exchange for WCPX-TV, the CBS affiliate serving Orlando, FL, which it acquired today from First Media Television, L.P. Terms of the agreement to acquire WFSB from Post-Newsweek Stations, Inc., a wholly owned subsidiary of The Washington Post Co., call for an exchange of assets plus a $60 million cash payment to Meredith.

Meredith's Broadcasting Group now comprises 11 stations that reach nearly 8 percent of the nation's TV households: KPHO-TV, CBS, Phoenix; WOFL-TV, Fox, ...

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