ATLANTA, Ga. (KFVS) - Gray Media, Inc. (Gray) announced on Friday, August 8, it has reached an agreement to purchase 10 television stations from Byron Allen’s Allen Media Group, Inc. (AMG) for $171 million.

This purchase would include WSIL, channel 3, in the Paducah-Cape Girardeau-Harrisburg DMA market 90.

Other markets include Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and West Lafayette, Indiana.

According to Gray , the parent company of KFVS-12 in Cape Girardeau, the transaction is expected to strengthen the company’s presence in the seven other markets by creating new duopolies that would allow Gray to preserve and deepen public service to their communities with expanded local news, local weather, and local sports programming.

The complete transaction list includes the fo

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