HC2 Holdings Inc. (NYSE:HCHC) agreed to acquire four LPTV facilities in Hispanic markets across California from Caballero Acquisition LLC for $1.5 million on December 28, 2017. The purchase includes Class A KZMM-CD in Fresno, Class A KQMM-CD in Santa Maria-Lompoc, KXBF-LP in Bakersfield and KZDF-LP in Santa Barbara. HC2 made a $145,000 escrow deposit in connection with the acquisition. Jessica Rosenthal of Wiley Rein LLP served as the legal advisor to Caballero, through parent CNZ Communications. Brent Singley, Ashley Ojeyemi and Trey Hanbury of Hogan Lovells US LLP served as legal advisors to HC2 Holdings.