The Washington Post Co. has canceled its planned purchase of NBC Local Media’s WTVJ, the two companies announced today. The intended sale was canceled due to the current economic environment and the delay in getting the necessary regulatory approval. The deal was supposed to close by the end of this year.

Read the complete post at http://feeds.feedburner.com/~r/tvweek/News/~3/493593633/washington_post_co_nbc_local_m.php

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Posted Tue, Dec 23 2008 6:28 PM by News