NY firm buys RI's WLNE-TV for $4 million
Law Firm News
A Bronxville, N.Y.-based broadcasting company is buying a struggling affiliate of the ABC broadcast network in Rhode Island for $4 million.
A Superior Court judge in Providence approved the bid by Citadel Communications LLC to buy WLNE-TV on Tuesday because it was the only bidder that had struck an affiliation agreement with ABC. The station's expired affiliate agreement had been extended to April 1.
Court-appointed receiver Matthew McGowan says the deal with ABC was decisive because ABC could yank its signal. Three bidders who had not reached a deal with ABC were required to put the money upfront and competitively bid for the station, but they declined to do so.
Global paid $14 million for WLNE-TV in 2007. The firm went into receivership in 2010. Owner Kevin O'Brien did not respond to a call for comment.
Related listings
-
Firm, committee move to quash Clemens subpoena
Law Firm News 03/21/2011The law firm and the congressional committee that investigated drugs in baseball are fighting pitching standout Roger Clemens over access to evidence collected against him, a development that could delay the trial on charges he lied about being a use...
-
Dallas law firm - Koning Rubarts LLP.
Law Firm News 03/03/2011Koning Rubarts was founded by two trial lawyers with over fifty combined years of experience at one of Texas’ preeminent law firms. Our firm handles complex business litigation of all kinds, with special emphasis on professional liability defen...
-
Morrison, Motl and Sherwood, PLLP
Law Firm News 03/02/2011Morrison, Motl and Sherwood is a Helena based Montana law firm that provides the highest quality representation to consumers, workers and small businesses.Experience CountsWe have successfully litigated hundreds of cases for consumers, working famili...
Victorville CA DUI defense Attorneys
The outcome of a DUI defense will have a long-term effect on anyone’s life, making the decision to receive legal representation an easy one. The fact is, most people accused of a DUI are first offenders with no criminal background. Whether this is your first run in with the law or you have had previous convictions, you are in need of a DUI defense attorney.
The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case.
Our attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you. .