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Guest Message by DevFuse


Fresno PAX sold

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#1 OFFLINE   Brett



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Joined: Jan 14, 2003

Posted 24 February 2003 - 10:35 AM

Fresno PAX sold 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"

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