Meredith Closes Deal on St. Louis Station


The ink is dry and Meredith now is the official owner of KMOV in St. Louis.

"We're pleased to add this high-performing station to our portfolio,"said Meredith Chairman-CEO Stephen M. Lacy. "The acquisition of KMOV adds another Top 25 television market to our group, and is consistent with our successful ‘Total Shareholder Return’ strategy. Together with KCTV (CBS) in Kansas City, Meredith now has powerful local brands in two of the Midwest's top news and sports markets."

The deal to close on KTVK in Phoenix is expected to be buttoned up by the end of June.