KCRG-TV: Gray TV, the parent company of KCR and KWQC in eastern Iowa, announced plans to buy Raycom Media, creating the third-largest owner of local TV stations in the country. The $3.6 billion deal is expected to close by the end of this year, pending FCC approval, and cover 142 stations in 92 TV markets nationwide. Gray TV would reach 24 percent of households in the country, if the deal is approved. The deal increases Gray TV’s presence in Iowa with the addition of KYOU in Ottumwa.