Gray Television Growing Fast Amid Acquisition Streak

Shares of Gray Television (GTN) rose in strong volume Friday after a report indicated that it will continue a strong growth trajectory, fueled by acquisitions. The TV station operator has been on the buyout trail, completing 13 mostly small-station purchases over the past 18 months. The total value of the deals was almost $600 million. "We expect the stock to benefit in the near- and long-term from management's strategy of 'hitting M&A singles and

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