Byron Allen Helps Gray Get Its Meredith Deal Done
To facilitate regulatory approvals for its approximately $2.825 billion purchase of Meredith Local Media, announced on May 3, Gray Television agreed to divest an ABC affiliate to an independent third-party no later than the closing of the Meredith acquisition. At the time, RBR TVBR asked if it was Allen Media Group. It is now known that this guess was correct.
Byron Allen Helps Gray Get Its Meredith Deal Done
To facilitate regulatory approvals for its approximately $2.825 billion purchase of Meredith Local Media, announced on May 3, Gray Television agreed to divest an ABC affiliate to an independent third-party no later than the closing of the Meredith acquisition. At the time, RBR TVBR asked if it was Allen Media Group. It is now known that this guess was correct.