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Gray buys WBAY (ABC) Green Bay as part of Nexstar/Media General deal

Mr Tony

Mr Tony

Atlanta, Georgia – June 3, 2016. . . Gray Television, Inc. (“Gray,” “we,” “us” or “our”)
(NYSE: GTN and GTN.A) announced today that it has reached an agreement with Nexstar
Broadcasting Group, Inc. (“Nexstar”) to acquire, for $270 million in cash, two television stations that
Nexstar will divest upon its merger with Media General, Inc.: WBAY (ABC), in Green Bay,
Wisconsin, and KWQC (NBC) in Davenport, Iowa, both currently owned and operated by Media
General.

http://gray.tv/uploads/documents/pressreleases/Press_Release_WBAY_KWQC_06032016.pdf
 
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