Allen Buying Gray's WJRT May Help With Gray/Meredith OK
Byron Allen’s Allen Media is buying Gray's WJRT-TV Flint, Michigan, for $70 million, Gray said Wednesday. It said this smooths the path for approval of its purchase of 17 Meredith stations (see 2105030056) by removing the only market overlap. Gray…
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said the WJRT deal is expected to close in Q3 or Q4, before Gray/Meredith is completed. Gray and Allen Media announced in April that Allen would buy 10 Quincy Media stations related to Gray/Quincy (see 2104290067).