Broadcast-streaming. The Atlanta-based listed broadcaster Gray Television, Inc. will acquire KDLT-TV from the South Dakota-based Red River Broadcasting Company. Gray says the deal is forecast to be immediately profit-accretive) and the deal is subject to regulatory approval. Given that bullish forecast, it has to be assumed that at least one reason for the KDLT divestment was the expense of its 2016-built state-of-the-art headquarters in Sioux Falls – which includes enough spare space for a second television station.
Uncategorised
Gray Television to acquire KDLT for $32.5m
