At a 2017 NAB Show opening cocktail reception, it was hard not to spot Raycom Media President/CEO Pat LaPlatney holding court with Gray Television President/CEO Hilton Howell III.
Brokers privately noted that the two companies make a nice fit.
All of that conjecture has turned into concrete conversation over a major broadcast media merger that comes on the heels of Sinclair Broadcast Group’s intended combination with Tribune Media.
Gray and Raycom are combining their companies in $3.6 billion deal.
From Rbr.com
