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Gray TV to Ring in Raycom Deal With NYSE Closing Bell

Gray Television (stock symbol GTN) is scheduled to ring the closing bell of the New York Stock Exchange Friday (Jan. 11) to celebrate the company's recent merger with Raycom Media. The ceremony, scheduled for 3:56-4:00, will be streamed on the exchange's website.

Gray Chairman Hilton Howell will do the ringing, joined by Pat LaPlatney, president & co-CEO, according to the NYSE, as well as other members of the company's executive management team.

Related: Gray Moves to Comscore From Nielsen in More Markets

"On the heels of our recent acquisition of Raycom, Gray is now the third largest owner of network affiliated local television stations in the country," said Howell. "In fact, Gray now owns the first or second highest rated television station in 85 of our 91 markets, which include local communities from Alaska and Hawaii to Maine and Florida.”

Gray has been a member of the exchange since 1995.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.