Raycom Media is in advanced negotiations to acquire Drewry Communications, according to multiple sources. The purchase price is said to be around $150 million, according to a person close to the discussions. The stations include KXXV-KRHD Waco, KFDA-KEYU Amarillo (Texas), KSWO-KSWX Wichita Falls-Lawton (Texas-Okla.) and KWAB-KWES Odessa-Midland (Texas). Michael Malone has the story.