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Gray Television expands board, names Neuhoff to seat

Jul. 31, 2015 2:28 PM ETGray Television, Inc. (GTN) StockBy: Jason Aycock, SA News Editor
  • Gray Television (NYSE:GTN +1.6%) has expanded its board by one member, naming Beth Neuhoff to the new seat.
  • The move means the board is now nine members. Neuhoff comes to Gray as the president of Neuhoff Communications, the radio/digital media company she took charge of in summer 2012. She's also an elected director of the National Association of Broadcasters.
  • On July 1, the company closed a deal to acquire KMVT-TV and KSVT-TV in Twin Falls, Idaho, for $17.5 paid to Neuhoff Corp., an affiliate of Neuhoff Communications.
  • Gray is set to release earnings before the bell on Wednesday (Aug. 5). Shares are up more than 50% YTD.

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