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Article: CHANGING HANDS.

Article from:
Broadcasting & Cable
Article date:
April 12, 1999
Author:
Copyright

WICD(TV)

TVS

Champaign/Springfield/Decatur and WICS(TV) Springfield/Decatur, Ill., and KGAN(TV) Cedar Rapids/Dubuque, Iowa

Price: $81 million (B&C, April 5)

Buyer: Sinclair Broadcast Group Inc., Baltimore (David D. Smith, president/CEO); owns/is buying 63 TVs, 14 AMs and 34 FMs (see WGH-AM-FM Newport News and WFOG-FM Suffolk/Norfolk, Va., item, below)

Seller: Sunrise Television Corp., St. Petersburg, Fla. (Robert N. Smith, president; Hicks, Muse, Tate & Furst Inc., owner; Thomas O. Hicks, chairman); owns 13 TVs

Facilities: WICD: ch. 15, 358 kw, ant. 1,300 ft.; WICS: ch. 20, 676 kw, ant. 1,430 ft.; KGAN: ch. 2,100 kw, ...

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