What are we dealing 4?

And the other shoe drops:

Tribune Co. agreed to buy Local TV Holdings LLC’s 19 television stations for $2.73 billion in cash, the biggest U.S. broadcasting deal in six years, to get better negotiating leverage with advertisers and cable companies.

The acquisition of Local TV, principally owned [by] Oak Hill Capital Partners, will almost double the number of Tribune’s stations to 42, according to a statement today. The Local TV assets include 16 markets, with top-rated stations in Denver, Cleveland and St. Louis, the companies said.

In that portfolio: KFOR (channel 4) and KAUT (channel 43) in Oklahoma City, which were last sold in 2007.







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