Cox-Sinclair four-market TV deal details


$99M KFOX-TV El Paso TX; WTOV-TV Wheeling WV-Steubenville OH (Steubenville OH); WJAC-TV Johnstown-Altoona PA (Johnstown PA); and KRXI-TV/KAME-TV Reno NV from Cox Media Group LLC (Douglas E. Franklin) to Sinclair Television Group LLC (David Smith). KAME-TV will be managed by Sinclair, taking over LMA in place under Cox – station actually transferred from Ellis Communications Inc. to Deerfield Media LLC. $4.95M escrow, balance in cash at closing. $18M designated to purchase of the stock of WJAC license company. [FCC file date 2/27/13]