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TV Station Acquisition Market Quiet in Q2

The market for TV stations remained quiet in the second quarter, with deals total just $98.2 million getting done.

Combined with radio, broadcast deals totaled $233.3 million in the second quarter of 2015, bringing the first half total to $343.8 million.

A year ago, merger and acquisition activity totaled $5.3 billion as TV station groups including Granite Broadcastings, LIN Media, Media General, Graham Holdings, Gannett, 21st Century Fox sand Cox Media Group bought, sold and swapped stations.

Read more at B&C