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SBS Miami TV Deal Closing Delayed Again
January 17, 2006 at 6:55 AM (PT)
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SPANISH BROADCASTING SYSTEM has delayed closing on the purchase of WDLP-TV/KEY WEST-MIAMI to FEBRUARY 28, according to an SEC filing last THURSDAY. SBS' MEGA MEDIA HOLDINGS will pay seller WILLIAM DE LA PENA $300,000. for the postponement of the $37 million deal, its second delay (the first cost SBS $250.000.).

