The arbitration proceeding triggered by Paxson Communications Corp.'s charge
that NBC violated the terms of their strategic alliance could come in April, the
The arbitrator in the case has been selected -- San Francisco Federal Judge
Paxson said NBC violated the alliance by agreeing to buy Telemundo
Communications Group Inc., and Paxson should be allowed to terminate its
agreement with NBC, which gives NBC a 32 percent stake in Paxson with options to
purchase the rest over seven years.
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