Fox Corp. is continuing its spree of acquisitions
, buying three local TV stations in Seattle and Milwaukee from Nexstar Media Group in a deal valued at $350 million.
KCPQ and WITI are already Fox affiliates, while KZGO is a MyNetworkTV affiliate. The deal, once completed, will mean Fox owns stations in 14 of the top 15 local TV markets. The company is targeting the pact to close in the first half of 2020, pending regulatory approvals. The acquisitions are the first local TV stations acquired by Fox since the company closed the sale of its entertainment assets to Disney earlier this year.
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