The Federal Communications Commission has approved Gray Television’s acquisition of Meredith Corporation’s local TV stations.
In a press release the commission said it approved the assignment of licenses from Meredith to Gray while denying two objections to the acquisition. One of the objections came from Las Vegas company Mr. Antenna, which asked the FCC to block the sale in September saying Meredith stopped airing its ads because it saw the company as a “competitive threat.”
The FCC said it found the informal objections were “without merit” and that approving the license transfers would “serve the public interest, convenience, and necessity.”
With the $2.8
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