Paxson Completes TV Station Sale to Univision

  • February 20, 2003
Paxson Communications Corp. announced Thursay that it has completed the sale of its television station KPXF, Channel 61, serving Fresno, California, to Univision Communications Inc., the nation's 55th largest market. The company received cash proceeds of $35.0 million. PAX has replaced its coverage with cable and satellite in the Fresno market.
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