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Gray Television, Inc. (NYSE: GTN) agreed to acquire all of the television and radio stations of Schurz Communications, Inc. for around $442.5 million. Gray Television shares jumped 10.73 percent to $13.00 in the after-hours trading session.

Wall Street expects United Natural Foods, Inc. (NASDAQ: UNFI) to post its quarterly earnings at $0.72 per share on revenue of $2.06 billion. United Natural Foods shares gained 0.22 percent to $50.00 in after-hours trading.

Shares of Aquinox Pharmaceuticals Inc (NASDAQ: AQXP) gained 1.85 percent on Monday, after Baker Bros. Advisors LP, managed by Julian and Felix Baker, disclosed a 58 percent increase in its exposure to the company. Aquinox Pharmaceuticals shares rose 0.11 percent to $17.60 in after-hours trading.

SPX Corp (NYSE: SPW) announced its new executive lineup following the completion of its spin-off of SPX FLOW, Inc. The company named Gene Lowe as its President and Chief Executive Officer and appointed Scott Sproule as Vice President, Chief Financial Officer and Treasurer. SPX shares declined 0.29 percent to close at $54.56 yesterday.

Shares of Solera Holdings Inc (NYSE: SLH) shares surged 8.49 percent on Monday after the company agreed to be acquired by an affiliate of Vista Equity Partners for around $3.74 billion in cash. Solera Holdings shares closed at $53.66 yesterday.

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