Brett
02-24-03, 10:35 AM
Fresno PAX sold (http://www.pax.tv/about/press1.cfm?page_to_get=www.businesswire.com/webbox/bw.022003/230512167.htm) to Univision. To become Fresno's Telefutura.
PAX paid $8 million for station, sells it off for $35 million couple years later at a premium. Thank the must-carry law and a corporate friendly FCC, for making these stations worth a "premium"
PAX paid $8 million for station, sells it off for $35 million couple years later at a premium. Thank the must-carry law and a corporate friendly FCC, for making these stations worth a "premium"