Comment on Merger would create 3rd-largest TV station group

Merger would create 3rd-largest TV station group

ATLANTA — Gray Television Inc. and Raycom Media Inc. are announcing a merger that would create the third-largest television broadcast group in the United States. Georgia-based Gray and Alabama-based Raycom said Monday that they’ve entered into an agreement to combine the companies in a $3.6 billion deal. The combined operation would have more than 140 television stations serving 92 markets, the companies said in a statement.

 

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