Television Company Belo Corp. (BLC) Holds Annual Meeting Of Shareholders
DALLAS, May 8, 2012 /PRNewswire/ -- Television Company Belo Corp. (NYSE: BLC) held its Annual Meeting of Shareholders this morning where four Class II directors were re-elected: Henry P. Becton, Jr., director since May 1997, Lloyd D. Ward, director since July 2001, James M. Moroney III, director since February 2008, and Peter A. Altabef, director since July 2011. These Class II directors will be eligible to serve a three-year term until the 2015 annual meeting, except for Mr. Becton who at the age of 70 will retire at or before the 2014 annual meeting in accordance with the Company's bylaw retirement provision.
Shareholders ratified the appointment of Ernst & Young LLP as Belo's independent registered public accounting firm. In addition, the Company's amended and restated certificate of incorporation was duly approved by shareholders.
About Belo Corp.
Television company Belo Corp. (NYSE: BLC) owns and operates 20 television stations (nine in the top 25 markets) and their associated websites. Belo stations, which include affiliations with ABC, CBS, NBC, FOX, and the CW, reach more than 14 percent of U.S. television households in 15 highly-attractive markets. Belo stations rank first or second in nearly all of their local markets. Additional information is available at www.belo.com or by contacting Paul Fry, vice president/Investor Relations & Treasury Operations, at 214-977-4465.SOURCE Belo Corp.
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