Transactions: 9-14-09
$220M KRON-TV San Francisco-Oakland-San Jose (MNT); WKRN-TV Nashville TN (ABC); WRIC-TV Richmond VA (ABC, Petersburg VA); WTEN-TV & WCDC-TV Albany-Schenectady-Troy NY (ABC, Albany NY, North Adams MA); WATE-TV Knoxville TN (ABC); KLFY-TV Lafayette LA (CBS); WLNS-TV Lansing MI (CBS); KWQC-TV Davenport IA-Rock Island-Moline IL (NBC, Davenport IA); WBAY-TV Green Bay-Appleton (ABC, Green Bay WI); KELO-TV, KDLO-TV & KPLO-TV Sioux Falls-Mitchell SD (CBS, Sioux Falls, Florence, Reliance SD); and KCLO-TV Rapid City SD (CBS) from Young Broadcasting Inc. (Vincent Young) to New Young Broadcasting Holding Company Inc. (Highland Capital Management LP, Raymond Wechsler et al). Bankruptcy proceeding. $200M credited against secured obligations and cure amounts, $20M in assumed liabilities. All stations except KRON, WATE & WLNS are going into management contract with Gray Television. [FCC file date 8/21/09]
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