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A 'David' with cash figures in the bidding for U.S. Broadcast Group
The future of Atlanta-based U.S. Broadcast Group should become clearer this week as the company sifts through bids that were due Friday at 5 p.m. USBG owns, in order of profitability, WVNY (ABC) in Burlington, Vt.; KFDX (NBC) in Wichita Falls, Texas; KSNF (NBC) in Joplin, Mo.; KJAC (NBC) Beaumont, Texas; WWCP (Fox) and WATM (ABC) in Altoona, Pa. (an LMA); and lastly, WMGC (ABC) in Binghamton, N.Y.
Tampa-based Communications Equity Associates, which is handling the sale of the seven-station group, would not comment on the bidders involved. A decision...