Media General Inc. has sold WTVQ-TV in Lexington to Morris Network Inc. for $16.5 million. With the acquisition of WTVQ, an ABC affiliate, Savannah, Ga.-based Morris owns and operates seven other network affiliate television stations as well as 90-plus newspapers and niche publications through its affiliate, Morris Multimedia.
A recent study regarding the rankings of doctoral programs in economics in the United States gives high marks to the Department of Economics at the University of Kentucky’s Gatton College of Business and Economics. The study, published in the April 2008 issue of the Southern Economic Journal, focused on published research in all major peer-reviewed economics journals over the period 1985 to 2004 and citations to those publications in professional journals. Based on citations to publications authored by UK economics faculty members, UK’s Department of Economics ranks 19th among all public universities in the United States, placing the department ahead of benchmark institutions such as Michigan State, North Carolina State, Purdue, Texas A&M, Arizona, Florida, Georgia, Iowa, North Carolina and Washington.
Lexington-based Fortune Commercial Properties has been named as the official commercial realty company of the 2010 Alltech FEI World Equestrian Games. As part of the partnership, Fortune will provide 10,000 s.f. of warehouse space and 6,000 s.f. of office space for the World Games 2010 Foundation, as well as a financial contribution in support of the 2010 Games. The space is expected to be used for storage and as a center of operations for the 6,000-person volunteer program.