BRIEF-Bahakel Communications To Sell WBBJ 7 In Jackson, Tennessee To Gray Media

Gray Media, Inc. +2.05%

Gray Media, Inc.

GTN

4.49

+2.05%

Dec 16 (Reuters) - Bahakel Communications :

  • BAHAKEL COMMUNICATIONS AND GRAY MEDIA ANNOUNCE SALE OF WBBJ 7 IN JACKSON, TENNESSEE

  • BAHAKEL COMMUNICATIONS: GRAY ANTICIPATES DEAL WILL BE IMMEDIATELY FREE CASH FLOW ACCRETIVE, AND IT EXPECTS TO FUND ACQUISITION WITH CASH ON HAND

  • BAHAKEL COMMUNICATIONS: TO SELL ITS JACKSON, TENNESSEE, ABC AFFILIATE WBBJ-TV, KNOWN LOCALLY AS WBBJ 7, TO GRAY MEDIA


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