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LIN TV Corp. Message Board

  • martelxo92 martelxo92 May 24, 2011 1:03 PM Flag

    Lin closed on Dayton and Green Bay CW's

    It cost 1.1 million shares and 5.5 million in cash. (which we have plenty of right now) I would think the ad revenue increase would begin immediately.(as of May 20th, the close date). I don't know whether we'll be part of the retrans dollars this cycle unless the TVL negotiaters, which have their own team, negotiated that all additional channels regardless of affiliation will be included in retrans dollars as part of the deal. If that is the case than these two stations will be a bargain at this price. We will use our already existing resources in these markets to turn these stations into so much more than they have ever been before. We would never need all the spectrum that these two licenses afford us so in these two mid size markets I would assume we'll offer some up for cash when that time comes. Basically paying for these stations and then some.