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Raycom purchased PureCars, a digital ad platform focused on automotive sales, for $125 million in November 2015. [26] On April 4, 2017, Raycom reached an agreement to acquire WVUE outright, and the sale was finalized on August 8. [27] In May 2017, Raycom purchased Calkins Media's WWSB and WTXL-TV.
Raycom Sports was started in July 1979 by Rick and Dee Ray in Charlotte. [1] [2] Rick Ray was a program manager at WCCB in Charlotte [3] when he proposed that WCCB, which had become an independent station a year earlier after losing its ABC affiliation, produce more basketball games.
The combined company, valued at more than $100 billion after planned spinoffs, would be the world's second-largest aerospace-and-defense company by sales behind Boeing. [55] Although UTC was the legal survivor, the merged company took the name Raytheon Technologies and based its headquarters at Raytheon's former campus in Waltham, Massachusetts ...
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