Northern Communications agreed to buy broadcast group owner Shock...
Northern Communications agreed to buy broadcast group owner Shockley Communications for undisclosed price, companies said. Northern also said it would spin off KXLT-TV (Ch. 47, Fox) Rochester, Minn., to Shockley family. Northern will sell 5 former Shockley-owned ABC affiliates…
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in Wis., plus 2 postproduction facilities, to Quincy Newspapers. Northern is private investment group that buys privately owned properties and “maximizes assets” by spinning off components, it said. In separate transaction, Lee Enterprises said it would sell KMAZ (Ch. 48, TBN) Las Cruces, N.M., to Council Tree Hispanic Bcstrs. for undisclosed price. Sale will complete Lee’s exit from commercial broadcasting.