Allen Media completed the acquisition of Quincy Media divestiture stations from Gray Television for $380m.

Allen Media, an American media and entertainment company, completed the acquisition of Quincy Media divestiture stations from Gray Television, an owner of local television stations and digital assets, for $380m. "We are thrilled to facilitate the transfer of these fine Quincy television stations to Byron Allen and Allen Media Group, who we are confident will continue the strong commitments to journalism and localism that have distinguished these stations under Quincy’s outstanding stewardship," Hilton H. Howell, Gray Executive Chairman and CEO.