COMCAST CORP acquires ZGS Communications television stations

COMCAST CORP acquired ZGS Communications television stations, a transaction completed in January 2018, structured as Acquisition of nine television stations; terms undisclosed.

ZGS Communications television stations operates in NBCUniversal (Telemundo Owned Television Stations), is based in USA (multiple markets). NBCUniversal's Telemundo Station Group completed its acquisition of nine television stations serving six markets from ZGS Communications. The transaction included a full-power Telemundo-affiliated station in El Paso, TX, plus Class A and low-power stations serving Washington, D.C., Hartford, Orlando, Tampa, Ft. Myers, Providence, and Raleigh, expanding the group's footprint from 18 to 24 U.S. markets and Puerto Rico.

Expands the Telemundo Station Group's local broadcast footprint from 18 to 24 markets, strengthening Spanish-language local journalism and programming reach.

Advisory firms were not disclosed for this transaction.

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