CEO Hilton Howell and other execs will ring the exchange’s closing bell on Jan. 11 to mark the company’s purchase of Raycom Media. Gray has been traded on the exchange since 1995.
Gray To Celebrate Raycom Deal At NYSE
Gray Television’s Chairman-CEO Hilton H. Howell Jr. will ring the closing bell at the New York Stock Exchange on Friday, Jan. 11, at 4 p.m. ET to commemorate the company’s $3.6 billion acquisition of Raycom Media that closed on Jan. 2. Several members of the company’s executive management team will join. Howell on the podium.
“We are honored to have this opportunity to ring the Closing Bell,” explained Mr. Howell. “Gray moved to the NYSE in 1995 as a small, regional broadcaster. 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. 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.”
In addition to live television coverage of the ceremony, the New York Stock Exchange will stream the closing bell ringing on its website: https://www.nyse.com/bell. The bell ringing is scheduled for 3:56-4 p.m. ET. A video of the bell-ringing will also be archived on that same page after the livestream.
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