With Hours Left On The Clock, Unbuilt LPTVs Get Spun


As the clock strikes Midnight, low-power TV stations that haven’t been built yet and haven’t secured extensions from the FCC will disappear into the ether, with their respective licensees forfeiting the right to create them.

For some, the race against the clock meant engaging in deals before time expires. These fresh transactions involve such companies as HC2 Holdings and Gray Television, and noted brokerage Kalil & Co.

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