EVANSVILLE, Ind. (WEVV) — Gray Media has announced a $171 million purchase agreement for 10 Allen Media Group stations, including WEVV.

According to a press release Friday from Gray Media, the transaction includes the following local television stations:

"Gray expects the transaction 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 press release says.

Gray anticipates closing the transaction in the fourth quarter of this year following receipt of regulatory approval, including certain waivers of FCC local ownership rules, and other customary closing conditions.

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