The FCC has granted Acme Communications’ sale of CW affiliate WBUW Madison, Wis. (DMA 85), to the Byrne Acquisition Group LLC for $1.8 million. Byrne owns low-power WHHI Hilton Head, S.C. When Acme announced the sale last December, it said it expected it to close in the second quarter of this year.
Byrne Acquisition Group is buying the CW affiliate for $1.8 million. In addition, Acme’s board approves distribution of its LIN TV Corp. stock to its shareholders.