Cordillera Communications selling all 16 TV stations

Minnesota-based Cordillera Communications is selling all 16 of its television stations, including nine in Montana.

E.W. Scripps Co. has agreed to pay $521 million to buy 15 stations, giving it 51 stations in 36 markets. Quincy Media Inc. is buying KVOA in Tucson, Arizona.

The Montana stations being sold are: KTVQ in Billings, KPAX and KAJJ in Missoula, KXLF/KBZK in Butte-Bozeman, KRTV and KTGF in Great Falls along with KTVH and KXLH in Helena.

Scripps also is buying KOAA in Colorado Springs, Colorado; WLEX in Lexington, Kentucky; KATC in Lafayette, Louisiana; KSBY in San Luis Obispo, California along with KRIS and KAJA in Corpus Christi, Texas.

- FWBP Digital Partners -

If federal regulators approve, the deals are expected to close early next year.

Cordillera is the broadcasting arm of Evening Post Industries.