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Philip Falcone Grabs A Gotham LPTV

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New York City, USA midtown Manhattan skyline at dusk.

How valuable is an LPTV facility licensed to the city of New York?

Call it a bargain-basement acquisition in the nation’s No. 1 DMA for the man behind HC2 Station Group, thanks to a deal consummated Jan. 31 and filed Friday with the FCC.

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