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Polnet Communications Ltd. has completed the acquisition of WPVS from Sheboygan Community Broadcasting, LLC.
 

PRESS RELEASE
May 10, 2010

Polnet Communications Ltd. Purchases Milwaukee Area
TV Station WPVS Channel 29


Noted Chicago Radio Company Acquires Second TV Station


Polnet Communications Ltd. has closed on its purchase of television station WPVS from Sheboygan Community Broadcasting, LLC. The station has a construction permit for digital channel 30.  Polnet recently purchased television station WPVN serving the Chicago area.

Polnet Communications Ltd. also owns radio stations WEEF, WNVR, WPJX and WKTA in the Chicago area.

The purchase price is $295,000.  Bob Heymann of the Chicago office of Media Services Group served as the exclusive broker representing the seller in this transaction.

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