Cobb Corp, Mergers, Aquisitions, Merchant and Investment Banking

WBKI-TV SOLD

Louisville, Kentucky CW affiliate WBKI-TV has been sold from WBKISLG, LLC to Fusion TV, which will license the station as Louisville TV Group LLC.

CobbCorp represented and advised the seller in this unique transaction, which was conducted as an auction with the seller ultimately choosing the best offer. Terms of the deal were not made public. CobbCorp was the exclusive broker in the transaction.

The assets sold include the equipment, tower and tower site of WBKI-DT, and WBKI-CA, a low power Class-A television station repeating most of the programming of its sister station in the northern portion of the DMA.

CobbCorp 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 television, radio, newspaper and other media outlets.

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.

More information on CobbCorp may be found at www.cobbcorp.com.