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Journal Broadcast Group closed on the $17 million...

Journal Broadcast Group closed on the $17 million sale of two Palm Springs, Calif., stations to OTA Broadcasting, Journal said in a news release Tuesday (http://bit.ly/K71OTC). The stations sold were NBC affiliate KMIR-TV and MyNetwork affiliate KPSE-TV, said Journal. Kalil & Co. represented Journal in the transaction and Media Venture Partners represented OTA.