Larry Morton Snags Two LPTV Permits From HC2


No, it’s not a wind-down of its TV operations. But, HC2 Holdings is paring down its assets as part of a capital-raising initiative. This explains why the company has been dominating the deal-making universe of late.

As part of that divestment of non-essential assets, it is agreeing to spin a pair of LPTV construction permits to Larry Morton, the prominent Little Rock broadcast media veteran.

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