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Knight-Ridder Newspapers Inc. has entered an agreement with Gannett Co. to purchase KTVY-TV Channel 4 and two other Gannett-owned television stations for $160 million.
Gannett made the announcement to KTVY management Friday. The agreement is expected to be finished in the first quarter of 1986, when Gannett completes the purchase of the Detroit-based Evening NewsAssociation (ENA,) owners of KTVY. The sale of the television...