The Alpha Media purchase, first announced on May 5, saw Brigade Capital Management contributing much of the cash to make the transaction happen. Originally, closing was anticipated to occur in late 2025.
It's been the desire of the LPTV Broadcasters Association and its founder, "SuperFrank" Copsidas, to have the FCC lift its freeze on major changes to low-power and Class A broadcast television facilities. The Commission has just turned its heat lamps on the ice, allowing these LPTV stations to engage in major modifications.
Adam Jacobson
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