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"Admittedly based on the sound of that, they were literally stuck. Of the companies in buying moods, the only ones really interested in small markets are Gray and Nexstar. The latter probably was too concerned about the cap, while the former has lots of cap space but was already in the market. As a result, they had no real options.\n \n"
<https://forums.tvnewstalk.net/topic/17906-gray-tv-takes-over-cbs-in-anchorage-ak/page/2/?tab=comments#comment-248450>