Meredith to Acquire WGGB Springfield, Mass.

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UPDATED: Meredith has agreed to acquire WGGB Springfield, the ABC affiliate in DMA No. 114, from Gormally Broadcasting for $53.8 million. WGGB airs Fox on its dot-two channel.

The deal is subject to regulatory approval and is expected to close by the end of the year.

Meredith also owns CBS affiliate WSHM in the market, where Media General’s NBC affiliate WWLP is a powerhouse.

Gormally bought WGGB from Sinclair for $21.2 million in 2007.

Michael Malone
Michael Malone

Michael Malone is content director at B+C and Multichannel News. He joined B+C in 2005 and has covered network programming, including entertainment, news and sports on broadcast, cable and streaming; and local broadcast television, including writing the "Local News Close-Up" market profiles. He also hosted the podcasts "Busted Pilot" and "Series Business." His journalism has also appeared in The New York Times, The L.A. Times, The Boston Globe and New York magazine.