Sinclair to buy Allbritton TV stations for $985 million

Sinclair Broadcast Group, Inc. has reached a deal to purchase eight Allbritton television stations, including KATV-TV, Channel 7 in Little Rock, for $985 million.

The purchase includes seven ABC Network affiliates and NewsChannel 8, a news network covering the Washington, D.C., metropolitan area.

Allbritton announced in May that it planned to sell its television stations.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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