M&A
confidence high
sentiment neutral
materiality 0.50
Gray Media files audited statement for $171M Allen Media stations acquisition
GRAY MEDIA, INC
- Total purchase price $171M all-cash; net assets acquired $171M as of May 1, 2026.
- Broadcast licenses valued at $106M, goodwill $42M, property & equipment $22M.
- Acquisition completed in two phases: three markets for $56M (Mar 27) and seven markets for $115M (May 1).
- Liabilities assumed total $9M, primarily operating lease liabilities and current liabilities.
- Filing satisfies SEC waiver for Rule 3-05 financial statements; no change to prior disclosures.