FCC approves merger of Liberty with Raycom Media

January 20, 2006

The FCC has approved Raycom Media’s plans to buy Liberty.

Privately held Raycom is paying $1 billion to buy the Greenville, SC-based broadcast company. Liberty shareholders approved the deal last month. With the FCC's blessing, Montgomery, AL-based Raycom expects to complete the purchase within 20 days.

Liberty owns 15 network-affiliated television stations.

Back to the top

Receive regular news and technology updates.
Sign up for our free newsletter here.