Mergers and acquisitions

Evine Live to sell its Boston TV station

Evine Live Inc., Eden Prairie, announced it has a deal to sell its Boston TV station for $13.5 million.

The sale of the nonstrategic asset involves two agreements with separate parties and is expected to close in the fourth quarter of 2017 or first quarter of 2018.

Evine will use $6.2 million to pay down high-interest debt and the remainder for general corporate purposes.