(including approximately $280 million in debt), in a purchase option-structured deal. Under the terms, New World included KDFW, KTBC and KTVI in the group's affiliation agreement with Fox (WVTM, now owned by Hearst Television, remained an NBC affiliate as New World chose to transfer Birmingham ABC affiliate WBRC into a trust company for later sale to Fox Television Stations—an arrangement that was part of a deal also involving ABC affiliate WGHP in High Point, North Carolina to comply with FCC restrictions at the time that prohibited broadcasting companies from owning more than twelve television stations nationwide and, in the case of Birmingham, barred television station duopolies—and was subsequently sold to NBC before being purchased by Media General in 2006). Although the network already owned KDAF, Fox sought the opportunity to align with KDFW because of its stronger market position (the station placed second, behind WFAA, in total day and news viewership at the time) and its operation of a news department; as a result, Fox Television Stations decided to sell KDAF, which would ultimately trade it to Renaissance Broadcasting in exchange for existing Fox affiliate KDVR in Denver. CBS had a thirteen-month leeway to find a new Dallas–Fort Worth affiliate, as its contract with KDFW did not expire until July 1, 1995; the affiliation contracts for KTBC and KTVI expired around the same time, giving the networks that were already affiliated with the three former Argyle stations slated to switch to Fox a longer grace period to find new affiliates than CBS, NBC and/or ABC were given in most of the other markets affected by the Fox-New World deal (ABC's affiliation contracts with WGHP and WBRC ended even later, respectively expiring in September 1995 and September 1996). CBS first approached longtime NBC affiliate KXAS-TV about negotiating an affiliation deal, ultimately to be turned down by its then-owner LIN Broadcasting, which subsequently signed a long-term affiliation deal renewing its contract with KXAS and its NBC-affiliated sister stations in Austin, Norfolk and Grand Rapids; WFAA was eliminated as an option as ABC reached a new long-term agreement with then-owner of the station, Belo, to extend affiliation contracts for WFAA and other Belo-owned stations that were affiliated with the network; that deal resulted in the company's station in Sacramento switching its affiliation from CBS to ABC in March 1995. This left independent station KTVT as CBS' only viable option among the Metroplex's VHF