LYNCH CORP &lt;LGL> UNIT BUYS TELEVISION STATION

  Lynch Corp subisidiary Lynch
  Entertainment Corp said it formed a general partnership called
  Coronet Communications Co, which has acquired WHBF-TV station,
  in Rock Island, Ill.
      The company said the price for the station, a CBS
  television network affiliate, was 20 mln dlrs. The company also
  said the other partner is Lombardo Communications Inc, a
  wholly-owned corporation of Phillip Lombardo.
      Lynch said it will pursue further acquisitions of media and
  entertainment entities with emphasis on broadcasting and cable
  television operations.
  

