‘NewsCenter 1’ Owner Completes Rapid City TV Station Spin
An asset purchase agreement that sees the sale of a UHF station in Rapid City, S.D.; two LPTV stations and a TV translator station in Wyoming; and a TV translator in another South Dakota community has officially closed. As such, the parent of "NewsCenter1" no longer owns the properties, earning $5.9 million for them in a deal brokered by Kalil & Co.