Lorimar-telepictures corp. Won fcc approval.
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The Federal Communications Commission approved the Culver City-based firm’s acquisition of six television stations from Storer Communications for $1.415 billion. Storer is controlled by the
investment firm of Kohlberg, Kravis & Roberts. The stations being acquired by Lorimar are WAGA-TV in Atlanta, WSBK-TV in Boston, WJW-TV in Cleveland, WJBK-TV in Detroit, KCST-TV in San
Diego and WITI-TV in Milwaukee. MORE TO READ