Granite Broadcasting - M&A Summary and Business Overview

MediaCompany

Granite Broadcasting M&A Summary

Granite Broadcasting has acquired 1 company. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2014, when it sold Wmyd Inc & WKBW-TV License to The E. W. Scripps Company for $110M. Granite Broadcasting has acquired in 1 US state. The Company’s most targeted sectors include media (100%).

Granite Broadcasting Business Overview

Where is Granite Broadcasting headquartered?

Granite Broadcasting is headquartered in New York, New York.

How many employees does Granite Broadcasting have?

Granite Broadcasting has 684 employees.

What sector is Granite Broadcasting in?

Granite Broadcasting is a media company.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

Granite Broadcasting Corp.

767 Third Avenue 34th Floor,
New York, New York 10017
United States,
(212)826-2530
www.granitetv.com

Granite Broadcasting Corporation is a market leading owner of local media properties. The company's operations include broadcast TV affiliates, local cable TV channels, and local online and mobile media properties. Network affiliations include NBC, CBS, ABC, The CW and My Network TV, collectively reaching over 6% of U.S. television households. Granite's local media operations are characterized by innovative, best of breed management and market leading franchises.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.0/yr) # 1 - - - - - 1
vol $110M $110M
  2

Most Recent M&A

Company Date Value Type
Wmyd Inc & WKBW-TV License, Inc. 2014-06-16 110M USD Divestiture
, United States
TV Station Group 2006-07-01 - Add-on Acquisition
New York, New York
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Media 1 (100%) - 1 (100%) 110M (100%)
Total 1 - 1 $110M

By Geo

State/Country Buy Value Sell Value
United States 1 - 1 110M
  New York 1 - - -
Total 1 - 1 $110M

Deal Values

sell # Total
$100M to $1B 1 $110M
TOTAL $110M
Largest Wmyd Inc & WKBW-TV License, Inc.
$110M (2014-06-16)

M&A Connections

Deals
Acquired from
Investor(s)
100%
1 (100%)
Divested to
Strategic(s)
100%
1 (100%)

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