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===Sale to Gray Television=== |
===Sale to Gray Television=== |
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− | On June 25, 2018, Atlanta-based Gray Television announced it had reached an agreement with Raycom to merge their respective broadcasting assets (consisting of Raycom's 63 existing owned-and/or-operated television stations, including WIS), and Gray's 93 television stations) under Gray's corporate umbrella. The cash-and-stock merger transaction valued at $3.6 billion – in which Gray shareholders would acquire preferred stock currently held by Raycom – will result in WIS gaining new sister stations in nearby markets, including CBS/NBC affiliate WRDW-TV and WAGT-CD in Augusta (while separating it from WFXG) in addition to its current Raycom sister stations. The sale was approved on December 20, and was completed on January 2, 2019. |
+ | On June 25, 2018, Atlanta-based Gray Television announced it had reached an agreement with Raycom to merge their respective broadcasting assets (consisting of Raycom's 63 existing owned-and/or-operated television stations, including WIS), and Gray's 93 television stations) under Gray's corporate umbrella. The cash-and-stock merger transaction valued at $3.6 billion – in which Gray shareholders would acquire preferred stock currently held by Raycom – will result in WIS gaining new sister stations in nearby markets, including CBS/NBC affiliate WRDW-TV and WAGT-CD in Augusta (while separating it from WFXG) in addition to its current Raycom sister stations. The sale was approved on December 20,[10] and was completed on January 2, 2019. |
== Gallery == |
== Gallery == |