As a condition of its merger with NBCU last January, Comcast promised to spin off Spanish-language KWHY Los Angeles to a minority-owned buyer. It made good on that promise by agreeing to sell the station to the Hispanic-owned Meruelo Group. With the FCC go-ahead, the parties may now close on the $40 million deal.
As it promised the FCC it would, NBCU found a minority to buy the Los Angeles Spanish-language independent, the Meruelo Group, headed by Alex Meruelo. Bert Ellis and Spanish Broadcasting System were among the runners-up in the bidding.
José Valle, president-GM of Telemundo’s Los Angeles duo of KVEA and KWH, resigned Tuesday. He was named to the post in December 2007.
