On July 24, 2007, Montecito announced the sale of its five stations (KSNW, KHON-TV in Honolulu, KOIN in Portland, Oregon and KSNT in Topeka, as well as satellites of KSNW and KHON) to New Vision Television; the sale was finalized on November 1, 2007. On May 7, 2012, the LIN TV Corporation announced that it would acquire the New Vision Television station group, including KSNW and its four satellite stations, for $330.4 million and the assumption of $12 million in debt; the sale – which was approved by the FCC on October 2 and was completed 1½ weeks later on October 12 – marked a re-entry into Kansas for LIN, which briefly owned the license of KLBY (channel 4), a satellite of Wichita ABC affiliate KAKE-TV (channel 10), in 2000, before selling them to Benedek Broadcasting shortly after the purchase was finalized.