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Gray buys TV stations from Hoak, including in North Dakota

News Jamestown,North Dakota 58401 http://www.jamestownsun.com/sites/all/themes/jamestownsun_theme/images/social_default_image.png
Jamestown Sun
Gray buys TV stations from Hoak, including in North Dakota
Jamestown North Dakota 121 3rd St NW 58401

FARGO (AP) — Some North Dakota television stations are changing hands.

Gray Television Inc. and Excalibur Broadcasting LLC say they’ve reached a series of deals to acquire a total of 15 stations in seven markers from Hoak Media LLC and Parker Broadcasting Inc. for about $335 million in cash.

North Dakota stations Gray is buying from Excalibur: NBC affiliates KVLY in Fargo-Valley City and KFYR in Minot-Bismarck and its satellite stations KMOT, KUMV and KQCD.

Excalibur is acquiring CBS station KXJB in Fargo-Valley City from Hoak and Parker.

Also part of the deal is Excalibur’s purchase of Fox affiliate KNDX/KXND in Minot-Bismarck from Prime Cities.

Associated Press
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