US EditionByron Allen Outbid His Publishers by Selling 10 TV Stations to Gray Media for $171 Million
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Byron Allen Sells 10 TV Stations to Atlanta Media Firm in $171M Deal
Atlanta-based Gray Media, Inc., has announced the acquisition of 10 television stations from Byron Allen’s media group for $171 million. The transaction would bring Gray into three new markets – Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and West Lafayette, Indiana. The multimedia firm expects the transaction to strengthen its presence in seven other markets by creating new duopolies. This will enhance public service to communities thr…
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