Gray to Sell 2 Charlottesville, Virginia, TV Stations to Buy a Third
Gray Television will sell Charlottesville, Virginia's WCAV and WVAW-LD to Lockwood Broadcasting and buy NBC affiliate WVIR-TV Charlottesville from Waterman Broadcasting, Gray said. Gray would own nine of the top 10 ranked U.S. NBC affiliates, it said. Gray said it…
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won’t have any continuing relationship or oversight of the sold stations. The transactions are supposed to close in Q2 or Q3, Gray said.