Tegna, Dispatch Sign $535 Million Deal for 3 Ohio, Indiana Stations
Tegna will buy a pair of Midwest TV stations and a radio station from Dispatch Broadcast for $535 million cash, it said Tuesday. Changing hands are WTHR Indianapolis and WBNS Columbus, plus WBNS Radio. Tegna said WBNS joins its other…
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Ohio TV stations, WKYC Cleveland and WTOL Toledo. The deal is expected to close in Q3. Tegna CEO Dave Lougee said the stations are a strategic and financial fit with its portfolio of big four affiliates in top markets.