Gray to buy Tegna Media???

Reports are circulating that Gray Television is kicking the tires on Tegna Media, if this were to happen Gray would be on par with Nexstar in terms of Colorado stations. They too would have stations in every Colorado market.

Tegna owns: KUSA & KTVD in Denver. 
Gray owns: KKCO & KJCT-LP in Grand Junction & KKTV in Colorado Springs

This would also be the first ownership change at 9NEWS in 42 years. 9NEWS was sold by Combined Communications Corp in May 1978 to Tegna (Then known as Gannett).    While I'm posting this today, there is NO Deal currently, and if anything happens it probably wouldn't happen until latter this year or even next year if at all.  The two companies have several areas that are conflicts (where both companies own stations). In addition the DOJ & FCC would be involved in anything that would happen.



Here is the report from our friends over at FTVLive on this potential merger:  https://www.ftvlive.com/sqsp-test/2020/3/6/breaking-gary-makes-offer-to-buy-tegna