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Gray Media Acquires Six Stations | Wilmington News
Gray Media is pulling off a major broadcast expansion, snapping up six TV stations—including local Fox affiliate WSFX-TV—for $50 million, with operations set to fully transition under Gray’s ownership by late 2026. The deal spans five additional markets across the South and Midwest, where Gray has already been quietly managing operations for over a decade. With $40 million already invested in local management teams, Gray sees this as a financially savvy move that strengthens its national footprint without straining its balance sheet. The broadcast world is watching closely as these stations…
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