Tribune Agrees to Buy 19 TV Stations for $2.73B

Tribune Agrees to Buy 19 TV Stations for $2.73B Play

July 1 (Bloomberg) -- 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. Cristina Alesci reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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