LIN, Media General Prep For Station Spinoffs
August 5, 2014
Media General and LIN Media will sell or swap stations in five markets to clear the way for their $1.6 million merger. The five markets are Birmingham and Mobile (AL); Providence (RI); Savannah (GA); and Green Bay (WI).
The station divestitures are required under rules the Federal Communications Commission recently toughened prohibiting a station group from owning more than one station in a market.
LIN, Media General Prep For Station Spinoffs