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Young Broadcasting Auction Is Canceled

Jul 15, 2009  •  Post A Comment

Young Broadcasting called off the auction of its 10 stations that was to have taken place yesterday, Broadcasting & Cable says.

The lawyers representing Young didn’t say why the auction was canceled but some insiders believe that it signals that the bids didn’t meet the minimum the company had sought.

–Elizabeth Jensen

2 Comments

  1. Interesting thoughts here. I appreciate you taking the time to share them with us all. It’s people like you that make my day 🙂

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