LIN TV wraps review of strategic alternatives

By Laura Lutz

Des Moines, Dec. 6 - LIN TV Corp. has concluded its review of strategic alternatives, according to a news release.

The company said it does not expect to make any more public comments on the subject.

"The LIN TV board and management team have confidence in our employees, high quality assets and operating plan. The strength of our core business and new digital initiatives position us well for future growth," Vincent L. Sadusky, president and chief executive officer of LIN TV, said in the release.

LIN TV announced the review on May 18, 2007. At the time, the company said it would explore alternatives, including a possible sale, with the assistance of J.P. Morgan Securities Inc.

The Providence, R.I.-based company owns and operates television stations.

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