WEEK ENDING AUG. 27

Station Trading Roundup: 3 Deals, $18.3M

The sale of two stations by SagamoreHill to Draper Communications tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.  

Multistate Deal — PRICE: $15,600,000 BUYER: Draper Communications (Craig Jahelka, president) SELLER: SagamoreHill of Salisbury LLC (Julie Huang, member)

  • Delaware: WRDE-LD Rehoboth Beach FACILITIES: DTV Ch. 31, 7.100 kW, ant. 305 ft. AFFILIATION: NBC
  • Maryland: WRUE-LD Salisbury FACILITIES: DTV Ch. 19, 1.000 kW, ant. 522 ft. AFFILIATION: CP-Off Air

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WVTT-CD Olean, NY — PRICE: $1,504,197 BUYER: HC2 Holdings Inc (Philip Falcone, chairman, president/CEO) SELLER: Woodland Communications LLC (William Christian, president/member) FACILITIES: DTV Ch 11, 1.250 kW, ant. 863 ft. AFFILIATION: Yto

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WGCE-CD Rochester, NY — PRICE: $1,172,661 BUYER: HC2 Holdings Inc (Philip Falcone, chairman, president/CEO) SELLER: Milachi Media (William Christian, president/managing member) FACILITIES: DTV Ch 26, 15.000 kW, ant. 417 ft. AFFILIATION: MNT


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