Byron Allen Sells 10 TV Stations to Gray Media for $171 Million

Byron Allen’s Allen Media Group, Inc. has sold 10 local TV stations to Gray Media for $171 million. The deal, which Gray expects to close in the fourth quarter subject to regulatory approval and closing conditions, will bring Gray into three new local TV markets: Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and West Lafayette, Indiana. Per […]