The family-owned TV group has completed its purchase of three broadcast stations–ABC affiliates in Colorado Springs and Grand Junction and an AM station in Colorado Springs.
News-Press & Gazette has expanded its TV station portfolio to seven, having closed on its $45 million purchase of KRDO Colorado Springs and KJCT Grand Junction, both Coloradio, from Pikes Peak Broadcasting Co.
The deal also includes KRDO-AM Grand Junction. The TV stations are ABC affiliates.
News-Press also owns TV stations in El Paso, Texas; Bend, Ore.; Palm Springs, Calif.; Yuma, Ariz.; and Idaho Falls, Idaho, along with two radio stations in Palm Springs, newspapers in Missouri and Kansas and cable systems in Missouri, Arizona and California.
Kalil & Co. brokered the deal.