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Media General Selling KY Station
MEDIA GENERAL SELLING KY STATION
[SOURCE: Broadcasting&Cable, AUTHOR: Michael Malone]
Media General is selling its ABC affiliate WTVQ Lexington (KY) to Morris Network for an undisclosed sum. Subject to regulatory approvals, the deal is expected to be completed in the second or third quarter. Last October, Media General announced its intention to sell five stations in the Southeastern U.S. in an effort to reduce debt. The remaining outlets are WCWJ Jacksonville, WMBB Panama City (FL), KALB/NALB Alexandria (La.) and the independent WNEG Toccoa (GA). Savannah-based Morris Multimedia is the parent of the five-station group Morris Network. Morris Multimedia Chairman/CEO Charles H. Morris said the company will continue to grow.
http://www.broadcastingcable.com/article/CA6539687.html
* Media General Sells WTVQ to Morris Network
http://www.tvnewsday.com/articles/2008/03/07/daily.11/

