Dispatch Broadcast Group Sold to TEGNA

TYSONS, Virginia, (WTVN)--The Dispatch Broadcast Group has been sold to TEGNA, a company that owns dozens of television stations across the country, for $535-million.

The deal, announced Tuesday, includes WBNS-TV, WBNS-FM, and WBNS-AM in Columbus, and WTHR-TV in Indianapolis.

TEGNA also owns local TV stations WTOL-TV in Toledo and WKYC-TV in Cleveland. The company owns 49 stations in 41 markets.

The deal ends decades of local ownership for the Columbus group.

WBNS-TV was started by the Wolfe family in 1949. The family acquired the AM station in 1927 and the FM station originated in 1957.

The company also recently sold The Columbus Dispatch newspaper to Gatehouse Media.

TEGNA's only other radio holdings are an AM and FM station in San Diego.

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