I think they have already decided to sell it, why announce Merrill Lynch as an advisor. You would think they would have Financial People within telling them what is and is not good for the company.
Raycom has stated they want the TV and Sports Divisions........
Cox has stated interest in the whole thing......watch for some spin offs here.....ownership rules.......
Remember they just did a buyback of stock, thinking stock swap here.........
Maybe someone(s) from the past (Jeff Pilot) might be interested.........