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Gray Television Inc (GTN.N)

GTN.N on New York Stock Exchange

11.82USD
20 Apr 2018
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$-0.38 (-3.07%)
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Latest Key Developments (Source: Significant Developments)

Gray Television prices public offering of common stock
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Gray Television Inc ::GRAY TELEVISION PRICES PUBLIC OFFERING OF COMMON STOCK.‍PRICED PREVIOUSLY ANNOUNCED UNDERWRITTEN PUBLIC OFFERING OF 15 MILLION SHARES OF ITS COMMON STOCK, AT $14.50 PER SHARE​.  Full Article

Gray Television Announces Proposed Offering Of Its Common Stock
Tuesday, 28 Nov 2017 

Nov 27 (Reuters) - Gray Television Inc ::GRAY TELEVISION ANNOUNCES PROPOSED OFFERING OF ITS COMMON STOCK.GRAY TELEVISION INC - ‍COMMENCED AN UNDERWRITTEN PUBLIC OFFERING, SUBJECT TO MARKET AND OTHER CONDITIONS, OF 15 MILLION SHARES OF ITS COMMON STOCK​.GRAY TELEVISION - ‍ EXPECT TO PLACE PROCEEDS TO PURCHASE ADDITIONAL SHARES, IN CORPORATE TREASURY FOR GENERAL CORPORATE PURPOSES​.  Full Article

‍Darsana Capital Partners reports a 6.29 pct passive stake in Gray Television ​
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Gray Television Inc :‍Darsana Capital Partners reports a 6.29 pct passive stake in as of Nov 1 - SEC filing ​.  Full Article

Gray reports Q3 earnings per share $0.21
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Gray Television Inc :Gray reports record operating results.Q3 revenue $219 million versus I/B/E/S view $216.5 million.Q3 earnings per share $0.21.Q3 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Gray Television Inc- ‍Q4 2017 combined local and national advertising revenue will increase in low single digit percentage range, compared to Q4 2016​.Gray Television Inc sees ‍Q4 2017 total revenue to decrease in a mid-double digit percentage range​.  Full Article

Gray Television Inc says amended and restated its credit agreement - SEC filing
Saturday, 11 Feb 2017 

Gray Television Inc : Gray Television Inc says on February 7, 2017, Gray Television Inc amended and restated its credit agreement - SEC filing . Gray Television Inc says new credit facility provides total commitments of $656.4 million .Gray Television Inc says new credit facility consists of a $556.4 million term loan facility and a $100.0 million revolving credit facility.  Full Article

Gray Q2 basic earnings per share $0.25
Thursday, 4 Aug 2016 

Gray Television Inc : Gray reports record operating results . Q2 revenue $196.6 million versus I/B/E/S view $196.3 million . Q2 basic earnings per share $0.25 . Sees Q3 2016 revenue up about 22 to 26 percent .Sees Q3 2016 revenue about $223 million to $231 million.  Full Article

Gray Television proposes private placement of $425 mln of senior notes
Tuesday, 7 Jun 2016 

Gray Television Inc : Gray Television announces proposed private placement of $425.0 million of senior notes due 2026 . Gray Television Inc says notes will be company's senior unsecured obligations .Intends to use proceeds from offering, and cash on hand, to repay outstanding term loan entered into in February 2016.  Full Article

Gray Television sees ending 2016 with low total leverage ratio
Friday, 3 Jun 2016 

Gray Television Inc : Gray to acquire #1 ranked television stations in green bay and davenport markets . Addition of mid-market television stations will be immediately free cash flow accretive . Gray may also consider opportunistically accessing debt markets to fund deal . Including expected operational synergies, stations expected to produce 2-year blended broadcast cash flow margins greater than 50 percent . Has capacity to close transaction primarily through use of cash on hand at closing .Sees ending 2016 With Low Total Leverage Ratio, Net Of Cash, in range of 4.5 to 4.7 times on a trailing eight-quarter basis.  Full Article

Nexstar Broadcasting to divest two stations for $270 mln
Friday, 3 Jun 2016 

Nexstar Broadcasting Group Inc : Nexstar Broadcasting enters into definitive agreement to divest two stations in two markets for $270 million . Agreement to sell WBAY-TV, and KWQC-TV, to Gray Television Group Inc. . Nexstar Broadcasting enters into definitive agreement to divest two stations in two markets for $270 million .Divestiture reflects co's intention to obtain FCC and Department Of Justice approval of proposed Nexstar / Media General transaction.  Full Article

Gray to acquire WDTV, WVFX for $26.5 mln
Saturday, 14 May 2016 

Gray Television Inc : Gray to acquire WDTV and WVFX in Clarksburg, WV . Deal for $26.5 million in cash . Plans to finance transaction with cash on hand .Anticipate that acquisition will be immediately free cash flow accretive to Gray.  Full Article

BRIEF-Communications Systems Files For Non-Timely 10 K With U.S. SEC

* COMMUNICATIONS SYSTEMS INC FILES FOR NON-TIMELY 10 K WITH U.S. SEC Source text : [https://bit.ly/2GtOACT] Further company coverage: