Gray Television to buy 15 television stations for $335 mln

Wednesday, 20 Nov 2013 | 9:25 AM ET

Nov 20 (Reuters) - Gray Television Inc and Excalibur Broadcasting LLC will buy 15 television stations from Hoak Media LLC and Parker Broadcasting Inc for $335 million in cash.

The transaction will add to Gray's portfolio of television stations throughout the Central United States, the company said.

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