Gray Television will acquire ABC affiliate WJRT Flint and ABC/CW affiliate WTVG Toledo from SJL Holdings for $128 million.
In 2010, Disney sold the two station for $30 million.
Gray’s president and CEO Hilton Howell said in a statement, “We are very excited to add two more outstanding, community-focused television stations and their growing, dynamic markets to the Gray portfolio."
The television industry's top news stories, analysis and blogs of the day.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.