Report : WMUR to be sold to WCVB's owner

[Mark <bostonradio@yahoo.com>]

AP is reporting that WCVB's owner Hearst-Argyle is
one of the major 12 bidders for NH's WMUR-TV9. Hearst-Argyle
is reportedly will sell its 3 radio stations in Phoenix for $160 million
to Emmis, which is currently operating them as part of a 3-year
LMA deal w/an option to buy. Hearst-Argyle would use the money from
the radio station sale to buy WMUR-TV which is roughly valued in that
range...

-Mark

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