M&A Deal Summary

Gray Acquires The Goshen News

On March 4, 1999, Gray acquired publishing company The Goshen News from News Printing

Acquisition Highlights
  • This is Gray’s 1st transaction in the Publishing sector.
  • This is Gray’s 1st transaction in the United States.
  • This is Gray’s 1st transaction in Indiana.

M&A Deal Summary
Date 1999-03-04
Target The Goshen News
Sector Publishing
Buyer(s) Gray
Sellers(s) News Printing
Deal Type Divestiture

Target

The Goshen News

Indiana, United States
The Goshen News is a 17,000 circulation afternoon newspaper published Monday through Saturday serving Goshen, Indiana and surrounding areas.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Gray

Atlanta, Georgia, United States
Category Company
Founded 1897
Sector Media
Employees9,374
Revenue 3.3B USD (2023)
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 1 of 21
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 15
State (Indiana) 1 of 2
Country (United States) 1 of 21
Year (1999) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-04-14 CBS - Three Television Stations

United States

CBS affiliates KWTX, KBTX, and KXII, a satellite stations located in Bryan, Texas, each serving the 95th largest television market of Waco-Temple-Bryan, Texas.

Buy $139M

Seller(S) 1

SELLER

News Printing

Goshen, Indiana, United States
Category Company
Founded 1892
Sector Publishing
DESCRIPTION

News Printing Company, Inc. engages in the publishing of newspapers.

DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (1999) 1 of 1
Mergr

Product

Company

Legal