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HC2 Snaps Up Another LPTV

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There is one company that stands out from the pack with respect to TV station acquisitions. Since the end of the FCC’s spectrum auction, the Philip Falcone-led HC2 Holdings has been rapidly snapping up television properties — the majority of them low power properties.

In the latest deal to involve HC2, a Class A facility in Tennessee that is presently silent is being snapped up.

Read more here. . .

From Rbr.com