Cobb Corp, Mergers, Aquisitions, Merchant and Investment Banking

Sale of KCEN-TV and KMAY-LP Closed

CobbCorp has announced the closing of the sale of NBC affiliate KCEN-TV from Channel 6, Inc. and Mrs. Sue Mayborn to London Broadcasting Company, Inc. The sale also includes low power television station KMAY-LP. The stations serve the Waco-Temple-Bryan, Texas DMA and the communities of Temple, Waco, Killeen and Bryan-College Station, Texas.

CobbCorp represented and advised the seller, Channel 6, Inc. in this transaction, which was announced in January 2009. Terms of the deal were not made public.

CobbCorp was especially honored to represent Channel 6, Inc. and KCEN, which has a proud history of more than 56 years of broadcasting under the Mayborn family ownership.

CobbCorp, LLC is a full-service media brokerage firm specializing in mergers, acquisitions, merchant and investment banking. With offices in Florida and New York, CobbCorp is a leading advisor to buyers and sellers in all areas of the television, radio and newspaper industries.

In 2008, among traditional media M&A firms, CobbCorp was involved in the closing of television transactions totaling more dollars than all other specialized media firms combined.

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