Deal reached in purchase of KSWO

Deal reached in purchase of KSWO

LAWTON, Okla._Big news regarding your 7News station.

The Raycom Media Company, based in Alabama, has reached a deal to buy Drewry Communications, which includes KSWO. It also includes TV stations in Waco, Amarillo, and Midland, Texas. The deal is valued at $160 million.

KSWO-TV has been under the same ownership since 1953, when five local families put the station on the air.

FCC approval of the sale is expected to be granted before the end of the year.