Affiliate Marketing Secrets

I live in DMA 17. As you may know the McGraw-Hill Broadcasting division (one station being Denver’s ABC affil KMGH) is for sale and there is plenty of interest.
The license of Local NBC affil KUSA and minor “network” My Network TV affiliate KTVD are both held by Multimedia Holdings Corporation, a subsidiary of Gannett CO.
Hypothetically, if Gannett thought it was in their best interest to buy KMGH, would the following be a way to avoid FCC restrictions on major network duopoly ownership?
First, Gannett could create another holding company (lets call it TVX Holding Corp). After purchasing and hanging the KMGH license with TVX Holding Corp, TVX Holding Corp could then create a Local Marketing Agreement which would lend operations of KMGH to KUSA, thereby circumventing the duopoly restrictions (I think).
Another possibly would be that TVX Holding Corp is owned by Gannett (49.9%) and (lets say) Another Brand Broadcasting (50.1%). Since Another Brand Broadcasting doesn’t have a station in the market, again TVX Holding Corp could then create a Local Marketing Agreement which would lend operations of KMGH to KUSA, thereby circumventing the duopoly restrictions (I think).

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What bottems and top do you think would go ?
Thanks 🙂
[ 10 points 😉 ]