After the close of that Gray transaction, Allen will have 24 local TV stations in 20 markets, as well as 12 networks, including the Weather Channel and streaming service Local Now.

Gray Television said Thursday that it has sold seven television stations to Byron Allen‘s Allen Media Broadcasting for $380 million in cash, part of a divestiture related to Gray’s purchase ...

Allen Media Group is continuing its run of local TV station acquisitions, paying $70 million to Gray Television for WJRT, an ABC affiliate in Flint-Saginaw, MI.. The deal for Byron Allen’s ...

The other three offers came from private Equity firm Apllo, Bryon Allen’s Allen Media Group and The Najafi Companies and Trinity Broadcasting Network in a joint bid. All three were said to be ...

Allen’s Allen Media Group offered $20 a share, or about $8.5 billion, the source said. It is going up against Gray Television, which last week made a offer, also for $20 a share but in a ...