M&A Deal Summary

Gray Acquires Colins Broadcasting KSNB-TV

On February 25, 2013, Gray acquired media company Colins Broadcasting KSNB-TV

Acquisition Highlights
  • This is Gray’s 8th transaction in the Media sector.
  • This is Gray’s 9th transaction in the United States.
  • This is Gray’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2013-02-25
Target Colins Broadcasting KSNB-TV
Sector Media
Buyer(s) Gray
Deal Type Add-on Acquisition

Target

Colins Broadcasting KSNB-TV

Grand Island,, Nebraska, United States
KSNB-TV of Colins Broadcasting Corporation operates as a television station. The station will provide Central Nebraska with the area's first high-definition live 5:30 PM and 9:00 PM newscasts. Both newscasts will be devoted exclusively to the news weather and sports that matters most to the people of Central Nebraska.

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Buyer(S) 1

Buyer

Gray

Atlanta, Georgia, United States

website

Category Company
Founded 1897
Sector Media
Employees7,017
Revenue 2.4B USD (2020)
DESCRIPTION

Gray is a television broadcast company that owns and/or operates television stations and major digital assets. Gray was founded in 1897 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 9 of 21
Sector (Media) 8 of 20
Type (Add-on Acquisition) 2 of 5
State (Nebraska) 1 of 1
Country (United States) 9 of 21
Year (2013) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-23 Michiana Telecasting

South Bend,, Indiana, United States

Michiana Telecasting Corp. operates WNDU-TV, a television broadcasting station. WNDU-TV (Channel 16) is the NBC affiliate serving the South Bend-Elkhart, Ind., television market, the nation's 87th largest Designated Market Area (DMA).

Buy $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-01 News-Press & Gazette - Non-License Assets Of KJCT

United States

News-Press & Gazette Company of the non-license assets of KJCT(TV) and associated low power television stations broadcasting ABC, CW, Telemundo, and local programming.

Buy -
Mergr

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