Gannett Deal for Belo Gets Regulatory Clearance from FCC
December 20, 2013
The Federal Communications Commission approved Gannett’s purchase of Belo, giving final US regulatory clearance for the $1.5 billion media deal. Gannett, which owns 23 TV stations, agreed in June to purchase Dallas-based Belo including its 20 stations. The deal would make Gannett the fourth-largest owner of major network affiliates, reaching about one-third of US households, according to the company.
Gannett Deal for Belo Gets Regulatory Clearance from FCC Transfer of Control from Shareholders of Belo Corp. to Gannett Co. (FCC) Gannett's Acquisition of Belo to Close Promptly (Gannett press release) FCC Approves Gannett/Belo and Tribune/Local TV (B&C) Gannett gets FCC approval for Belo acquisition (USAToday)