Search results
May 22, 2024 · Mission Broadcasting is no longer moving forward with its $75 million acquisition of a Detroit-area television station, The Desk has learned. On Wednesday, Mission President and CEO Dennis Thatcher notified WADL-TV (Channel 38) owner Kevin Adell that the company would be terminating a planned purchase agreement to acquire the station.
May 23, 2024 · Mission Broadcasting has sent a letter to Adell Broadcasting terminating Mission’s agreement to purchase WADL Detroit for $75 million. The Federal Communications Commission approved the WADL license transfer, but imposed a number of conditions that made the deal unpalatable to Adell and to Nexstar Media Group, which helped finance the deal ...
May 23, 2024 · Dennis Thatcher, President, Mission Broadcasting. A $75 million transaction announced in May 2023 that would have put a UHF station serving the Motor City in the hands of a licensee that, in...
May 24, 2024 · May 24, 2024. Various press reports over the last few days indicate that Mission Broadcasting has terminated their agreement to purchase WADL-TV (Detroit) from Adell Broadcasting. This comes weeks after the FCC approved the sale of the station to Mission, but imposed a number of conditions that made the deal complicated for both seller and buyer.
May 24, 2024 · 24 May 2024 by Monty Tayloe. Mission Broadcasting’s withdrawal from its proposed $75 million purchase of WADL Mount Clemens, Michigan, from Adell Broadcasting likely means the matter won’t end up in a hearing before the FCC’s administrative law judge, broadcast attorneys told us.
May 23, 2024 · Join Today!) "After careful consideration," Mission Broadcasting has terminated its agreement to acquire a Detroit TV station from Adell Broadcasting for $75 million. The President of the company ...
May 6, 2024 · published 6 May 2024. ‘After June 30, 2024, I will be exploring all of my options,’ says CEO Kevin Adell. (Image credit: WADL) The owner of Detroit station WADL is urging Mission Broadcasting to close its $75 million acquisition of WADL before a June 30 deadline.
