However, on June 6, 2014, Nexstar announced that it would instead sell KMSS-TV to a new minority-owned company, Marshall Broadcasting (marking the company's first television station acquisitions), for $58.5 million. Subsequently, on August 5, Rocky Creek withdrew its application to acquire KSHV. Under the terms of the sale, Nexstar would assume operational responsibilities for KMSS and KSHV under a shared services agreement, forming a virtual triopoly with KTAL, leaving Shreveport's six major commercial stations under the control of just three broadcasting companies (the Wray family owns KTBS-TV and CW affiliate KPXJ (channel 21), while KSLA is owned by Gray Television). The sale of ComCorp to Nexstar, as well as that of KMSS to Marshall and a concurring acquisition of the time brokerage agreement with KSHV, received FCC approval on December 4, 2014, and was completed on January 1, 2015; KMSS and KSHV subsequently migrated their operations into KTAL's North Market Street studios in northeastern Shreveport.