LocusPoint Sells TV Duo After Getting No Auction Bids


Two Class A TV stations that got no takers in the just-concluded spectrum auction have just been sold, giving the seller a payday that may be a bit smaller than what it initially anticipated.

In one deal, a Milwaukee facility’s sale saw Kalil & Co. act as the escrow agent and the buyer’s broker and Patrick Communications representing the seller in this deal.

The other deal involves a San Francisco facility that’s going for the bargain price of $2.8 million, with Kalil & Co. representing this other buyer and Patrick representing the seller.

Please Login to view this premium content. (Not a member? Join Today!)