Byron Allen Completes Purchase of a Meredith Spin

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In May, RBR+TVBR correctly predicted that Allen Media Group would end up purchasing an ABC affiliate that Meredith Local Media had agreed to divest in order for it to complete its $2.825 billion sale to Gray Television.


On Thursday (9/23), the group led by Byron Allen closed on its acquisition of that Meredith property — a move that suggests Gray’s closing on the Meredith properties is on track for a Q4 closing.

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