TERRE HAUTE, Ind – The parent company of the Terre Haute Tribune Star, CNHI LLC, is exploring the sale of its newspaper properties in 22 states.

A report in the paper says that the announcement was made after CNHI’s parent company, Raycom Media Inc., reported it has signed an agreement to be acquired by Gray Television group, a public company headquartered in Atlanta.

According to the report there is no imminent sale, the company is just exploring possible opportunities.

CNHI owns more than 100 papers with 13 of those in Indiana.

Raycom Media Inc., which owns or operates television stations in 65 markets, acquired CNHI nine months ago.

 

Click this link to read the full release from the CNHI company website.