Imagicomm Communications to acquire 12 television stations from Cox Media Group.

Imagicomm Communications, a telecom company, agreed to acquire 12 television stations from Cox Media Group, a media and communications group. Financial terms were not disclosed. “We are excited to be entering the broadcast television market with this strong collection of brands that are integral to informing and entertaining the communities they serve. We look forward to working with the stations’ talented staff and building upon their rich legacy of journalism and serving their communities, advertisers, and audiences. This acquisition is part of our broad corporate strategy to expand our media ownership across multiple entertainment platforms," David Cerullo, Imagicomm Communications Chairman & CEO.