02 Oct Deadline: Byron Allen Strikes $290M Deal To Buy 11 Local Stations From USA Television
By Dade Hayes Byron Allen’s Entertainment Studios has acquired 11 local TV stations from USA Television for $290 million. The stations serve small to mid-sized cities (spanning markets ranked No. 79 to No. 188 in the U.S.) and have network affiliations with ABC, CBS, NBC and Fox. While the deal’s valuation is...