Scripps Completes Sale of Radio Division
E.W. Scripps completed the process of selling its radio stations, closing on an $8 million deal for eight stations to Lotus Communications, it said in a release. Total proceeds from the sale of Scripps' entire radio division were $83.5 million,…
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which also includes 19 stations sold to Summit Communications, five to Griffin Communications and two to Good Karma Brands, it said.