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News  ›  GlobeNewswire Inc.

Bahakel Communications and Gray Media Announce Sale of WBBJ 7 in Jackson, Tennessee

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Globe Newswire
Bahakel Communications and Gray Media Announce Sale of WBBJ 7 in Jackson, Tennessee

Bahakel Communications has agreed to sell its ABC affiliate WBBJ-TV in Jackson, Tennessee to Gray Media, advancing Gray's strategy of acquiring highly rated local television stations. The transaction is expected to close in the first quarter of 2026.

Insights
GTN   positive

Expanding its portfolio with a top-rated local television station, expected to be immediately free cash flow accretive, and aligning with their growth strategy