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KEYE’s new owner buying 8 more stations
Sinclair Broadcasting Group, KEYE’s new owner, is on a buying spree.
The company has purchased eight stations owned by Freedom Communications for $385 million.
The acquisition comes just two months after Sinclair picked up KEYE, Austin’s CBS affiliate, as well as six other stations owned by Four Points Media Group for $200 million.
Freedom’s holdings include KFDM in Beaumont, as well as stations in West Palm Beach, Fla.; Grand Rapids and Lansing, Mich.; Albany, N.Y.; Chattanooga, Tenn.; and Medford, Ore.
The Freedom and Four Points deals both require approval by the Federal Communications Commission.
In Texas, Sinclair also owns a pair of stations in San Antonio, KABB and KMYS.
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