Gray swoops for $925 MN Quincy Media acquisition
| 01 February 2021 In a deal that if completed will see it own television stations serving 102 television markets that collectively reach 25.4% of US television households, Gray Television has entered into an agreement to acquire Quincy Media (QMI) for $925 million in cash. Headquartered in Quincy, Illinois, QMI is a family-owned media company that owns and operates both television stations and local digital platforms in 16 markets primarily in the Midwest. Its portfolio includes the number-one ranked television station in 77 markets and the first and/or second highest ranked te...