United States.

History

Raycom's three founding owners were Stephen Burr (a Boston lawyer), Ken Hawkins (general manager) and William Zortman (news director) with funding from Retirement Systems of Alabama. In 1996, Raycom purchased 15 television and two radio stations and Bert Ellis's Raycom Sports from Ellis Communications for over $700 million. In mid-1996, the company agreed to purchase eight stations from Federal Enterprises Inc.,

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