Television & Radio M&A » By The Online Investor Staff, updated Tue., Mar. 9, 1:35 AM
Recent mergers and acquisitions in the Television & Radio M&A category.
| This Slide: #29 of 63 |
Slide #29. Gray Television, Inc. — Non-license assets of KJCT
Acquirer:
Gray Television, Inc. (NYSE:GTN)
Acquiree:
Non-license assets of KJCT
Details:
Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) today announced that, on October 31, 2013, it consummated its previously announced acquisition from News-Press & Gazette Company ("NPGCo") of the non-license assets of KJCT(TV) and associated low power television stations (collectively, the "Station") broadcasting ABC, CW, Telemundo, and local programming.
Gray Television is a holding company. Through its subsidiaries, Co. is a television broadcast company that owns television stations and digital assets. Co. owns and/or operates television stations in various television markets. Co. also owns video program production, marketing, and digital businesses including Raycom Sports, Tupelo-Raycom, and RTM Studios, the producer of PowerNation programs and content. In addition, Co.'s secondary channels are affiliated with various smaller networks and program services including, among others, the CW Network or the CW Plus Network, MY Network, and the MeTV Network. Co. also broadcasts independent and local news/weather channels in some markets.
GTN SEC Filing Email Alerts Service
Open the GTN Page at The Online Investor »
|
||||||||||||||||||||||||
Open the GTN Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
|
Strong Buy (4.00 out of 4) 91st percentile
(ranked higher than approx. 91% of all stocks covered)
Analysts' Target Price: GTN Stock Forecast Based on Zacks ABR data; powered by Xignite |
