Allen Media Will Buy Seven Stations From Gray TV for $380 Million

Posted Friday, April 30, 2021 10:58 am

Brian Steinberg | Variety

Byron Allen’s Allen Media has agreed to buy seven TV stations from Gray Television Inc. for $380 million in cash, the companies announced Thursday. Gray is divesting the stations as a condition of acquiring the assets of Quincy Media Inc.

Allen Media will own and operates TV stations in 19 markets along with cable’s The Weather Channel, among other media properties...

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Allen Media Will Buy Seven Stations From Gray TV for $380 Million

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