VIDEO : Scripps Buys 15 TV Stations Across The U.S.

Broadcasting & Cable says that E.W. Scripps is buying 15 T.V. stations in 10 different markets from Cordillera Communications.
The price tag is $521 million.
Adam Symson, Scripps President and CEO explained the deal saying, "In addition to the immediate benefits to our portfolio?s operating performance, this deal leaves Scripps with the capability to continue to pursue incremental and transformative deals for television stations.?
Some of the stations that Scripps is acquiring include stations in states all across the U.S. like Kentucky, Colorado, Louisiana and California.
This includes WLEX, an NBC affiliate in Lexington, Ky. KRIS, an NBC affiliate, and KAJA, a Telemundo affiliate in Corpus Christi.
The deal also gives Scripps number one stations in eleven markets and a more diverse collection of networks with 18 ABC stations, 11 NBC stations, seven CBS stations and two Fox stations.