M&A Deal Summary |
|
|---|---|
| Date | 2016-02-16 |
| Target | Schurz Communications - Television Stations |
| Sector | Media |
| Buyer(s) | Gray |
| Sellers(s) | Schurz Communications |
| Deal Type | Divestiture |
| Deal Value | 415M USD |
SEARCH BY
Try For Free 7-Day Free Trial
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 | 15 of 21 |
| Sector (Media) | 14 of 20 |
| Type (Divestiture) | 12 of 15 |
| Country (United States) | 15 of 21 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 4 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-12 |
KMVT-TV & KSVT-TV
Twin Falls, Idaho, United States KMVT-TV is the highest rated and highest grossing television station in the Twin Falls DMA according to Nielsen and BIA data. It is a CBS affiliate with a multicast channel affiliated with the CW Network. KSVT-TV is the market's Fox affiliate. Despite the relatively small size of the local market, both television stations produce and broadcast local newscasts in high definition. |
Buy | $18M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-13 |
Withers Broadcasting - WDTV And WVFX
Clarksburg, West Virginia, United States Withers Broadcasting Co. - WDTV And WVFX is an operator of television stations. |
Buy | $27M |
Schurz Communications, Inc. is a diversified, privately-owned communications company It operates three other cable systems serving just under 90,000 subscribers (Coral Springs, Florida, Hagerstown, MD and Sun Lakes, AZ). Schurz also publishes eleven daily and eight weekly newspapers, and it operates ten television stations in seven markets and thirteen radio stations in three markets.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Media) | 1 of 1 |
| Type (Divestiture) | 1 of 2 |
| Country (United States) | 1 of 2 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-20 |
Long Lines
Sergeant Bluff, Iowa, United States Long Lines LLC is a communications carrier serving Siouxland. Long Lines provides telephone, cable TV and internet broadband services to more than 20,000 business and residential customers. Long Lines LLC was founded in 1941 and is based in Sergeant Bluff, Iowa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-03 |
Hiawatha Broadband Communications
Winona, Minnesota, United States Hiawatha Broadband Communications, Inc. is a telecommunications company providing service to residential and business customers. Hiawatha Broadband Communications, Inc. was established in 1997 and is based in Winona, Minnesota. |
Buy | - |
