Gray owns NBC affiliates in 26 markets.
Financial terms were not disclosed.
Gray owns or operates 100 TV stations across 57 markets. Earlier this year Gray agreed to acquire Raycom media for $3.65 billion.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.
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