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Raycom Media, Inc. was an American television broadcasting company based in Montgomery, Alabama. Raycom owned and/or provided services for 65 television stations and two radio stations across 44 markets in 20 states.
(NYSE: GTN) announced today that it has consummated its transformative transaction with Raycom Media, Inc. (“Raycom”). Earlier today, Gray completed its acquisition of Raycom (the “Raycom Merger”). In connection with the Raycom Merger, Gray and Raycom completed the divestitures of nine television
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Jan 3, 2019 · Gray Television said it completed its $3.6 billion acquisition of Raycom Media. The combined company owns stations and digital properties in 91 TV markets including 150 affiliates of CBS, NBC, ABC and Fox. As part of the deal, Gray sold off nine stations in markets where it overlaps with Raycom.
Jan 2, 2019 · Gray Television has acquired Raycom Media, creating the No. 2 broadcast company in the U.S., pending Nexstar’s merger with Tribune Broadcasting. The merger involved the divestiture of nine stations, the spin-off of two subsidiaries, and the integration of the two companies’ leadership and operations.
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Dec 14, 2018 · Gray Television Inc <GTN.N> has won U.S. antitrust approval to buy Raycom Media Inc [RYCMD.UL] on condition that it sell several television stations, the U.S. Department of Justice said on...