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United Kingdom

Gray Television Inc (GTN.N)

GTN.N on New York Stock Exchange

17.43USD
19 Oct 2018
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$-0.12 (-0.68%)
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Mon, Jun 25 2018

Gray Television to buy Raycom Media in $3.65 billion deal

Gray Television Inc said on Monday it would buy privately held rival broadcaster Raycom Media Inc in a cash-and-stock deal valued at $3.65 billion, in a push into more local television markets and to attract additional advertising.

UPDATE 4-Gray Television to buy Raycom Media in $3.65 bln deal

* Gray's shares rise 16 pct (Adds Breakingviews link, closing share price)

Deals of the day-Mergers and acquisitions

June 25 The following bids, mergers, acquisitions and disposals were reported by 1338 GMT on Monday:

REFILE-Gray Television to buy Raycom Media in $3.6 bln deal

June 25 Gray Television Inc on Monday said it will acquire Raycom Media Inc, an employee-owned company, in a $3.6 billion cash-and-stock deal.

BRIEF-Gray Television Reports Q1 Earnings Per Share Of $0.22

* GRAY REPORTS RECORD OPERATING RESULTS FOR THE QUARTER ENDED MARCH 31, 2018

BRIEF-Gray Agrees To Acquire Kdlt-TV For $32.5 Million In Cash

* GRAY AGREES TO ACQUIRE KDLT-TV IN SIOUX FALLS, SOUTH DAKOTA

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