Looks like we bought WHAM in Rochester for 54 million
Market #81, number 1b station in the market. Does right at 6.5-7.0 million in cash flow so we bought it at 8 to 1 multiple. With increased retrans from SBGI deals and cost efficiencies probably be closer to 7 to 1 multiple.
About to buy parts of Barrington as well.
I love it. Keep buying, short term the stock may suffer but longer term this is the right thing. Buy when cheap, sell when high.