Black Elites

Category Business

Byron Allen Finalizes $171M Sale of 10 TV Stations

Byron Allen Finalizes $171M Sale of 10 TV Stations

Gray Media has announced a deal to purchase 10 television stations from Byron Allen’s Allen Media Group in a transaction valued at $171 million. The acquisition expands Gray Media’s footprint into three new markets, Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and…