Pappas Station Sales Getting OK

Dec 15, 2008  •  Post A Comment

Pappas Telecasting Companies is expected to receive the go-ahead from a Delaware bankruptcy court to sell KDBC-TV and other stations it owns, the El Paso Times reports. The station’s new owner may be a New World TV Group, a company formed by Pappas’ creditor Fortress Credit Corp., the newspaper says, citing unnamed sources.
—Sergio Ibarra

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