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HCHC - HC2 Broadcasting sells four television stations for $35M
HC2 Holdings Inc.
HC2 Holdings' (HCHC) subsidiary has completed the sale of three full power television stations and a low power television translator for $35M.The stations included in the sale are KAZD Dallas, KYAZ Houston and KMOH-TV Phoenix, as well as KEJR-LD, which operates as a low power translator of KMOH-TV.The proceeds will be utilize to pare debt.Press Release