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Media General Closes Sale of TV Station

It gets $75 million.

Media General

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closed its sale of CBS television station KWCH in Kansas to Schurz Communications for $75 million, including working capital.

Assets involved in the deal included satellite stations KBSD in Dodge City, KBSH in Hays and KBSL in Goodland.

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Media General said it expects to close the sale of its stations in Birmingham, Ala.; Mason City, Iowa; and Chattanooga, Tenn., in October. Net proceeds of all sales are expected to be $125 million, which will be used for debt repayment.

This story was created through a joint venture between and IRIS.