FCC OKs Sale of Bankrupt Philly Station

The Federal Communications Commission has approved the sale of bankrupt WTVE Philadelphia to WRNN-TV Associates for $13.5 million. WRNN-TV currently operates WRNN New York, an independent TV station serving the Hudson Valley north of Manhattan. It enjoys cable carriage throughout the tri-state market. Billed as the Regional News Network, WRNN offers a mix of news and paid programming. Richard French, a principal in the station and an on-air political commentator, declined to comment on the deal or his plans for the WTVE prior to the closing.
http://www.tvnewsday.com/articles/2008/05/15/daily.15/