Crain's Detroit Business:
Kevin Adell has met an offer he cannot refuse. Well, not quite an offer, but the expectation of an offer. Adell, who owns WADL TV-38 in Clinton Township, said he will participate in the Federal Communication Commission's auction next year in which TV stations will sell their shares of the coveted UHF over-the-air broadcast spectrum to mobile wireless providers that need more airwaves bandwidth to satisfy customer demand.
Full story: Final signoff for WADL? Adell looks to sell at FCC auction, expects $170M (Sun, 10/12)