Gray Acquires CBS Affiliate In Market 97

By Stephanie Tsoflias Siegel 

Gray has acquired WCAX – the CBS affiliate in the Burlington, Vermont-Plattsburgh, New York – market 97.

The station group bought the affiliate for 29 million from Mt Mansfield Television Inc, according to a release.

“Gray is thrilled that the Martin family selected us as the new steward of Vermont’s very first television station,” said Kevin Latek, Gray’s executive vice president. “We will proudly build upon WCAX’s strong foundation and six decades of success as we expand into Vermont, northern New York and northern New Hampshire with another great leading local media institution.”

Gray currently owns over 100 stations in 56 markets.

The acquisition is expected to take affect in 2018.