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Diocese of Rockville gets OK to sell cell towers for $13.75 million
By Sarah Lizee
Olympia, Wash., May 3 – The Roman Catholic Diocese of Rockville Centre, New York received court approval to sell its cell tower assets to SWIF II Investment Co. Towers II, LLC, according to an order filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
The cash consideration is $13.75 million.
The assets include four Federal Communication Commission licenses, three antenna structures and the contracts related to the assets.
The Rockville Centre, N.Y.-based diocese filed bankruptcy on Oct. 1, 2020 under Chapter 11 case number 20-12345.
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