- Gray Television ( NYSE: GTN ) has agreed to swap television stations with Marquee Broadcasting.
- Gray will sell KNIN, its Fox affiliate in the Boise, Idaho, market, to Marquee. Another broadcaster offers local news coverage and back-office services to KNIN under a shared services agreement.
- Concurrently, Marquee will sell Gray WPGA, its MeTV affiliate in the Macon, Ga., market. That will get Gray a full-power TV station in every TV market in its home state.
- The deals are expected to close in the second quarter.
For further details see:
Gray Television swaps Idaho, Georgia stations with Marquee