Gray Media Agrees to Purchase Block Communications' Television Stations
1. Gray Media acquires Block Communications' TV stations for $80 million. 2. Transaction strengthens Gray's presence in the Midwest, adding top-ranked local stations. 3. WAND and WLIO had highest ratings in their markets during 2024. 4. Expected closure in Q4 2025, pending regulatory approval. 5. Gray Media reaches 37% of US TV households with new acquisitions.