|
$33.5M KSMO-TV Kansas City MO from KSMO Licensee Inc., a subsidiary of Sinclair Broadcast Group (David Smith) to Meredith Corporation (William T. Kerr et al). $35.8M cash at first closing, $3.35M option payment, $3.35M cash at final closing. Duopoly with KCTV-TV. KSMO is WB affiliate on Channel 62; KCTV is CBS affiliate on Channel 5. Companies entered into JSA/option under which buyer acquired all of the non-license assets of the station, and are now trying to exercise the option under a failed station waiver. [File date 1/13/05.]
|