As Wall Street officially began the 2021 trading year, a company that heavily invested in broadcast television spectrum across the end of the 2010s completed the sale of three full-power TV stations and a low-power TV translator.
It marks the company’s downsizing in a trio of major markets.
It also heralds a turning point for a company that quietly installed a new CEO in late November, after an activist investor at the start of the COVID-19 pandemic asked the company’s board to oust its prior leader — Philip Falcone.
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