WKYC's parent company, Gannett Co., Inc. (NYSE: GCI) today announced that it has entered into an agreement to acquire six of London Broadcasting Company’s television stations in Texas for $215 million in an all-cash transaction. The acquisition includes KCEN (NBC) in Waco-Temple-Bryan, KYTX (CBS) in Tyler-Longview, KIII (ABC) in Corpus Christi, KBMT (ABC) and its digital sub-channel KJAC (NBC) in Beaumont-Port Arthur, KXVA (FOX) in Abilene-Sweetwater and KIDY (FOX) in San Angelo. The purchase of these stations further deepens Gannett’s broadcasting presence in the high-growth state of Texas without any overlap of Gannett’s current local broadcast and publishing portfolio. Gracia Martore, president and chief executive officer of Gannett, said, “The addition of these stations will expand Gannett’s reach into some of the fastest growing markets in the nation and furthers our successful transformation into a diversified multi-media company. With more than 70% of London Broadcasting’s...