There is one company that stands out from the pack with respect to TV station acquisitions. Since the end of the FCC’s spectrum auction, the Philip Falcone-led HC2 Holdings has been rapidly snapping up television properties — the majority of them low power properties.
In the latest deal to involve HC2, a Class A facility in Tennessee that is presently silent is being snapped up.
Read more here. . .
From Rbr.com