Telemundo Rio Grande Valley has acquired KTLM Harlingen-Weslaco-Brownsville-McAllen (TX) for $8.5 million. The seller is Sunbelt Multimedia Company.
KTLM is a Telemundo affiliate airing on channel 40 in DMA No. 88.
Larry Patrick, managing partner of Patrick Communications, brokered the transaction.
Patrick had been appointed the receiver of the struggling station's license in 2012.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.