Gray TV Executives Ring Closing Bell

LAREDO,Texas(KGNS)- Executives with Gray Television who own KGNS-TV as well as all of the five local stations rang the closing bell on the New York Stock Exchange.

The group was given the honor in recognition of the recent 3.6 billion dollar acquisition of TV group Raycom Media.

The FCC approved the deal last week creating the third largest television ownership group in the country.

Gray Television now operates 142 television stations in 92 markets.