By Alan Pergament
The sale of Channel 7 to the Cincinnati-based E.W. Scripps Co. was approved Friday by the Federal Communications Commission, according to a top executive for Scripps.
Brian Lawlor, the senior vice president for television for Scripps, made the announcement on Twitter early this morning.
In his tweet, Lawlor added that a closing date is expected to be announced this week.
Scripps announced on Feb.9 that it had a deal to purchase Channel 7 and a Detroit station owned by Granite Broadcasting, which is controlled by a hedge fund, for $110 million in cash.
The FCC also approved the sale of the Detroit station on Friday, according to Lawlor's tweet.
It generally takes three or four weeks to close a sale after FCC approval, which would mean Scripps could take over Channel 7 by the end of the month.