LOS ANGELES, Nov 3 (Reuters) - Walt Disney Co on Wednesday said it reached an agreement to sell two small owned and operated television stations back to their former owner, privately-held SJL Broadcasting Management.
Terms of the deal were not disclosed, but Disney said the transaction involves a station in Flint, Michigan and one in Toledo, Ohio. Disney bought the stations from SJL in 1995.
Disney said the deal is expected to be completed in early 2011.
(Editing by Bernard Orr) Keywords: DISNEY ABC (susan.zeidler@thomsonreuters.com; +1 213 955 6748; Reuters Messaging: susan.zeidler.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Terms of the deal were not disclosed, but Disney said the transaction involves a station in Flint, Michigan and one in Toledo, Ohio. Disney bought the stations from SJL in 1995.
Disney said the deal is expected to be completed in early 2011.
(Editing by Bernard Orr) Keywords: DISNEY ABC (susan.zeidler@thomsonreuters.com; +1 213 955 6748; Reuters Messaging: susan.zeidler.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.