Gray TV to Buy Raycom in $3.65 Billion Deal

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Tv station proprietor Grey Tv Inc. is shopping for fellow station proprietor Raycom Media Inc. in a $Three.65 billion deal that they are saying will create an organization with the third-most variety of stations within the nation.

The transfer comes amid consolidation within the TV business as station homeowners look to extend their leverage with each broadcast networks, who provide a lot of their programming, and pay T.V. distributors, who carry their channels.

The…



Supply hyperlink – https://www.wsj.com/articles/gray-tv-to-buy-raycom-in-Three-65-billion-deal-1529932732?mod=pls_whats_news_us_business_f

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