Lincoln's ABC affiliate will soon have a new owner.
Standard Media Group said Thursday that it has agreed to acquire KLKN-TV and an ABC affiliate in Providence, Rhode Island, from Citadel Communications.
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The deal is subject to regulatory approval and is expected to close in the fourth quarter.
The two stations were the last two network-affiliated ones owned by Citadel. Standard Media, which is based in Nashville, Tennessee, paid $83 million for the two properties.