Note 11 - Subsequent Event

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Subsequent Events [Text Block]

11

.     Subsequent Event

Pending Acquisition

On

May 1, 2018,

we entered into an agreement to acquire KDLT-TV (NBC), a television station serving the Sioux Falls, South Dakota market (DMA

110

), for

$32.5

million. The transaction is subject to regulatory approvals and other customary closing conditions. We expect that this transaction will close in the

second

 or

third

quarter of

2018,

using cash on hand.