It is a low-powered TV station that in summer 2018 was heading to HC2 Holdings, with a $400,000 transaction proposed.
Then, HC2 was a much different company, with spending under the guise of former CEO Philip Falcone. He’s now at Sovryn Holdings, and that 2018 deal never came to fruition. Now, the LPTV facility has found a new buyer, and it is paying significantly less for it.
