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The Wall Street Journal
Comcast Corp. said it plans to sell one of NBC Universal’s three local TV stations in Los Angeles as the companies try to win regulatory approval for their proposed merger.
NBC Universal owns the NBC station in Los Angeles, a station affiliated with the company’s Spanish-language network Telemundo and an independent Spanish-language TV station, KWHY.
The proposal to sell an L.A. station is the latest effort by Comcast to smooth the regulatory path for the company’s plans to buy majority control of NBC Universal, which owns the NBC network, a movie studio, and 27 local TV stations around the country. Some rival companies, lawmakers and consumer groups have said the deal is anticompetitive and harmful to consumers. More…