Tribune to Buy 19 Local TV Stations for $2.73B

Tribune to Buy 19 Local 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. President of Media Strategy at Frank Magid Associates Steve Ridge speaks with Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

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