This is a routine operational closing of a previously announced asset swap. No new financial data or guidance was provided. Monitor Gray's next quarterly earnings for any impact on revenue or market share from the station portfolio realignment.
Price Chart
Executive Summary
Gray Media closed on a previously announced asset swap with E.W. Scripps, exchanging television stations across five markets. The deal is a cash-free, even exchange of comparable assets, with Gray acquiring stations in Lansing and Lafayette while divesting stations in Colorado Springs, Grand Junction, and Twin Falls. This transaction completes all previously announced station transactions for Gray, with no material financial impact disclosed.
Key Facts
- Gray Media closed on a cash-free, even exchange of comparable assets with E.W. Scripps, announced in July 2025.
- Gray acquired WSYM (Fox) in Lansing, MI and KATC (ABC) in Lafayette, LA.
- Gray divested KKTV (CBS) in Colorado Springs, CO; KKCO (NBC) and KJCT-LP (ABC) in Grand Junction, CO; and KMVT (CBS) and KSVT-LD (Fox) in Twin Falls, ID.
- With this closing, Gray has consummated all previously announced television station transactions.
- Gray serves 117 full-power television markets reaching approximately 37% of US TV households.
Financial Impact
Cash-free, even exchange of comparable assets — no net cash consideration disclosed. No material financial impact expected.
Risk Factors
- No new financial guidance or revenue impact disclosed.
- Station swaps may have minor local advertising revenue implications, but overall portfolio size unchanged.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3296014 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Press Release | $4.55 | awaiting T+5 | — | $4.37 (−3.85%) |
Oct 20, 2026 6d ago | Press Release | $4.63 | awaiting T+5 | — | $4.37 (−5.62%) |
Oct 15, 2026 11d ago | Press Release | $4.46 $4.70 | ▲ +5.38% | ▲ +6.40% | $4.37 (−2.02%) |
Oct 9, 2026 17d ago | 8-K | $4.43 $4.48 | ▲ +1.13% | ▲ +2.62% | $4.37 (−1.35%) |
Oct 9, 2026 18d ago | 8-K | $4.54 $4.38 | ▼ −3.52% | ▼ −1.56% | $4.37 (−3.74%) |
Oct 2, 2026 24d ago | Press Release | $4.54 $4.54 | · 0.00% | ▼ −1.16% | $4.37 (−3.74%) |
Sep 28, 2026 29d ago | 8-K | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.37 (−4.79%) |
Sep 28, 2026 29d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.37 (−4.79%) |
Sep 28, 2026 29d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.37 (−4.79%) |
Sep 23, 2026 4w ago | Press Release | $4.58 $4.50 | ▼ −1.75% | ▼ −1.07% | $4.37 (−4.59%) |
US Market Status
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