L.A. media mogul Byron Allen sells 10 TV stations to Gray Media
Media mogul Byron Allen has reached a deal to sell 10 television stations for $171 million to Atlanta-based Gray Media. Gray and Allen Media Group announced the agreement Friday. Allenβs stations in Huntsville, Ala., Montgomery, Ala., Ft. Wayne, Ind., Lafayette, La., and Paducah, Ky., were part of the transaction. The stations each have affiliations with…