FCC Gives Green Light To Gray-Meredith Deal

Commission approval clears the way for Gray’s purchase of Meredith’s TV stations, with Meredith anticipating closing on Dec. 1.

Three days after Meredith issued a press release setting Dec. 1 as the anticipated closing date for Gray Television’s $2.8 billion purchase of Meredith’s TV stations, the FCC approved the deal.

In a press release issued today (Nov. 12), the commission dismissed two informal objections to the transaction, one by Mr. Antenna Las Vegas LLC and the other by Rick Mattoon, saying “we find [them] without merit” and that approval would “serve the public interest, convenience and necessity.”


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whatnews??? says:

November 15, 2021 at 8:08 am

A microcosm of the Broadcasting industry, Gray, a company infected with C- students especially at the top , continues to get bigger..This is your Local Broadcasting business today folks!!