Gray Television has agreed to acquire WJRT-TV and WTVG-TV from affiliates of SJL Holdings for $128 million in cash. WJRT-TV and WTVG-TV are ABC-affiliated television stations serving the Flint-Saginaw-Bay City, Michigan, and Toledo, Ohio, markets, respectively. In addition, WTVG-TV will soon add a local CW station as a multicast channel.