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Fargo’s KVLY, KXJB sold as part of 20-station acquisition

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FARGO – Fargo NBC affiliate KVLY-TV and CBS affiliate KXJB-TV have been sold.

Broadcaster Gray Television Inc. and Excalibur Broadcasting LLC said they would buy 20 stations from Hoak Media LLC and Parker Broadcasting Inc. for $335 million in cash, sending Gray’s shares up as much as 19 percent.

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