Nov 1 (Reuters) - Gray Television Inc ::GRAY ANNOUNCES UPSIZING AND PRICING OF $750.0 MILLION OF 7.0% SENIOR NOTES DUE 2027.GRAY TELEVISION INC - UPSIZE REPRESENTS AN INCREASE OF $250.0 MILLION OVER AMOUNT PREVIOUSLY ANNOUNCED.
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Nov 1 (Reuters) - Gray Television Inc ::GRAY ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES.GRAY TELEVISION INC - INTENDS TO OFFER UP TO $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2027.GRAY TELEVISION INC - NOTES ARE BEING OFFERED TO FINANCE, TOGETHER WITH CASH ON HAND AND ANTICIPATED DEBT FACILITIES AND INDEBTEDNESS OF GRAY.GRAY TELEVISION INC - NOTES ARE BEING OFFERED TO FINANCE ACQUISITION OF RAYCOM MEDIA INC.
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Oct 22 (Reuters) - Gray Television Inc ::GRAY ANNOUNCES PROPOSED $2.15 BILLION INCREMENTAL TERM LOAN AND AMENDMENT TO ITS CURRENT SENIOR CREDIT FACILITY; UPDATES GUIDANCE FOR THIRD QUARTER 2018.GRAY TELEVISION INC - ANNOUNCED UPDATES TO CERTAIN OF ITS PREVIOUSLY ANNOUNCED GUIDANCE FOR Q3 OF 2018.GRAY TELEVISION INC - AMEND CERTAIN TERMS OF ITS REVOLVING CREDIT FACILITY, INCREASE AMOUNT AVAILABLE UNDER REVOLVER FROM $100 MILLION TO $200 MILLION.GRAY TELEVISION INC - EXTEND MATURITY OF CREDIT FACILITY FROM FEBRUARY 2022 TO OCTOBER 2023.GRAY TELEVISION INC SEES Q3 2018 OPERATING REVENUE $278 MILLION TO $280 MILLION.GRAY TELEVISION-TO AMEND CREDIT FACILITY THAT WOULD INCUR ADDITIONAL 7-YEAR INCREMENTAL TERM LOAN TO FINANCE, IN PART, PREVIOUSLY SAID RAYCOM MEDIA DEAL.
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Sept 20 (Reuters) - Gray Television Inc ::GRAY TELEVISION REACHES AGREEMENT IN PRINCIPLE TO RENEW ALL GRAY NBC AFFILIATIONS NATIONWIDE.GRAY TELEVISION - REACHED AGREEMENT IN PRINCIPLE WITH NBC NETWORK THAT EXTENDS AND RENEWS ALL OF GRAY'S EXISTING NBC NETWORK AFFILIATIONS.
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Aug 20 (Reuters) - Tegna Inc ::TEGNA TO ACQUIRE THE LEADING TELEVISION STATIONS WTOL IN TOLEDO, OH, AND KWES IN ODESSA-MIDLAND, TX.TEGNA INC - DEAL FOR $105 MILLION IN CASH.TEGNA INC - TRANSACTION WILL HAVE NO MATERIAL IMPACT ON TEGNA'S LEVERAGE.TEGNA INC - TEGNA EXPECTS TRANSACTION TO BE ACCRETIVE TO EPS IN LESS THAN A YEAR AFTER CLOSE AND IMMEDIATELY ACCRETIVE TO FREE CASH FLOW.TEGNA INC - WILL FINANCE DEAL THROUGH USE OF AVAILABLE CASH AND BORROWING UNDER ITS EXISTING CREDIT FACILITY.TEGNA - AGREEMENT WITH GRAY TELEVISION TO ACQUIRE LOCAL STATIONS WTOL, CBS AFFILIATE IN TOLEDO, OH, & KWES, NBC AFFILIATE IN ODESSA-MIDLAND, TX.
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June 25 (Reuters) - Gray Television Inc ::GRAY AND RAYCOM TO COMBINE IN A $3.6 BILLION TRANSACTION.GRAY TELEVISION INC - RAYCOM TRANSACTION WILL BE SUBSTANTIALLY ACCRETIVE ON A FREE CASH FLOW PER SHARE BASIS.GRAY TELEVISION- DEAL CONSIDERATION WILL CONSIST OF $2.85 BILLION IN CASH,$650 MILLION IN NEW SERIES OF PREFERRED STOCK, & 11.5 MILLION SHARES OF GRAY STOCK.GRAY TELEVISION INC - TRANSACTION HAS BEEN APPROVED UNANIMOUSLY BY BOARDS OF DIRECTORS OF BOTH GRAY AND RAYCOM.GRAY TELEVISION INC - DEAL VALUE CONSISTS OF $3.547 BILLION IN ENTERPRISE VALUE AND $100 MILLION OF RAYCOM CASH.GRAY TELEVISION INC - TRANSACTION HAS BEEN APPROVED UNANIMOUSLY BY BOARDS OF DIRECTORS OF BOTH GRAY AND RAYCOM.GRAY TELEVISION INC - WELLS FARGO HAS UNDERWRITTEN DEBT FINANCING PORTION OF TRANSACTION IN AMOUNT OF $2.525 BILLION.GRAY TELEVISION INC - GRAY SHAREHOLDERS WILL RETAIN 89 PERCENT OF ECONOMIC OWNERSHIP OF COMPANY FOLLOWING DEAL CLOSING.GRAY TELEVISION INC - RAYCOM HAS INITIATED PROCESSES TO SELL OR SPIN OFF COMMUNITY NEWSPAPER HOLDINGS, INC AS WELL AS PURECARS.GRAY TELEVISION - ELECTED TO DIVEST TELEVISION STATIONS IN 9 OVERLAP MARKETS RATHER THAN SEEK REGULATORY APPROVALS OF CERTAIN COMBINATIONS IN CERTAIN MARKETS.GRAY TELEVISION INC - UPON DEAL CLOSE, RAYCOM PRESIDENT AND CEO, PAT LAPLATNEY, WILL BECOME GRAY'S PRESIDENT AND CO-CHIEF EXECUTIVE OFFICER.GRAY TELEVISION INC - UPON DEAL CLOSE, HILTON HOWELL WILL BECOME EXECUTIVE CHAIRMAN AND CO-CHIEF EXECUTIVE OFFICER OF GRAY.
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May 1 (Reuters) - Gray Television Inc ::GRAY AGREES TO ACQUIRE KDLT-TV IN SIOUX FALLS, SOUTH DAKOTA.GRAY TELEVISION INC - DEAL FOR $32.5 MILLION IN CASH.GRAY TELEVISION INC - GRAY ANTICIPATES THAT ACQUISITION WILL BE IMMEDIATELY FREE CASH FLOW ACCRETIVE.GRAY TELEVISION INC - GRAY PLANS TO FINANCE TRANSACTION WITH CASH ON HAND.GRAY TELEVISION - REACHED AGREEMENT WITH RED RIVER BROADCASTING CO TO ACQUIRE KDLT-TV, NBC AFFILIATE FOR SIOUX FALLS.
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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.
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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.
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Nov 13 (Reuters) - Gray Television Inc :Darsana Capital Partners reports a 6.29 pct passive stake in as of Nov 1 - SEC filing .
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