Providence Equity teamed up with Sandy DiPasquale to form a new holding company , Newport Television , for the station group .
On April 20 , 2007 , Clear Channel entered into an agreement to sell its stations to Providence Equity Partners .
Providence Equity Partners   teamed up with Sandy DiPasquale to form a new holding company , Newport Television , for the station group .
On April 20 , 2007 , Clear Channel entered into an agreement to sell its stations to Providence Equity Partners .