Gray Television, Inc. has announced that it has reached an agreement with Mt. Mansfield Television, Inc. to acquire WCAX-TV, the CBS affiliated television station in the Burlington, Vermont-Plattsburgh, New York, market (DMA 97) for $29.0 million.
Gray Television has announced that it has reached an agreement with Diversified Communications to acquire Diversified's two television stations for a total purchase price of $85 million.
Hearst today announced it has agreed to acquire CAMP Systems International Inc. from private equity firm GTCR.
Nexstar Broadcasting Group, Inc. and Media General, Inc. announced today that they have entered into a definitive merger agreement whereby Nexstar will acquire all outstanding shares of Media General for $10.55 per share in cash and 0.1249 of a share of Nexstar Class A common stock for each Media General share.