Nearly three months after the E.W. Scripps company announced the acquisition of nine stations from The McGraw Hill Company, the purchase is complete.
The FCC approved the $212 million deal earlier this month. In a statement, McGraw-Hill chairman, president and CEO Harold McGraw III said he was pleased with the Scripps purchase.
“I thank the talented men and women of these stations for their valuable contributions to McGraw-Hill and know they are joining a respected media organization where they will continue delivering news, insights and entertainment,” he said.
Stations involved in the deal are ABC-affiliates KMGH in Denver, KGTV in San Diego, KERO in Bakersfield and WRTV in Indianapolis, as well as four Azteca America affiliates in Denver, Fort Collins, Colorado Springs, San Diego and Bakersfield.