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Gray Media to acquire American Spirit Media stations
PUBLIC · GTNJul 01, 2026•8 days ago
Acquiring Company
Gray Media
Acquired Company
American Spirit Media
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Description
Gray Media, Inc. has agreed to acquire six television stations from American Spirit Media, LLC for $50 million. This acquisition is seen as a strategic move to enhance Gray's presence in the respective markets. The first portion of the deal was closed with a payment of $40 million, and the final closing is expected to occur in the fourth quarter of 2026. This transaction aligns with Gray's ongoing commitment to strengthen its local media operations.
Company Information
Company
Gray Media
Location
Atlanta, Georgia, United States
About
Gray Media, Inc. is a television broadcasting company that operates and provides content to television stations across the United States. It focuses on news programming, sports broadcasting, and community engagement. Gray Media aims to strengthen local communities through enhanced media presence.
Atlanta