Gray Paying $45 Million for Several United Communications TV Stations
Gray Television agreed to pay $45 million for United Communications' TV stations, adding two markets. It's getting New York's WWNY-TV Carthage and WNYF-CD Watertown and Minnesota's KEYC-TV Mankato, Minnesota. Gray expects to close the deal after regulatory and other approvals…
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in Q2. The acquirer has no "stations or operations in either market," Gray Chief Legal and Development Officer Kevin Latek emailed us Friday. "We anticipate no regulatory issues."