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Gray buys TV stations from Hoak, including in North Dakota

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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.

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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.

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