CBS Corp. announced today it is selling seven of its owned and operated stations to equity-firm Cerberus Capital Management for $185 million dollars. The deal includes CBS affiliates in Austin TX, Salt Lake City (and its satellite station), CW affiliates in Providence and West Palm Beach, along with two low-power stations in the latter market.
Surprisingly, CBS did not sell its station in Green Bay, Wis.
Official CBS Corp. press release
No comments:
Post a Comment