Gray/Meredith Merger Nears Finish Line With FCC OK


As RBR+TVBR first reported on Wednesday (11/10), Meredith Corporation‘s Board of Directors signed off on a stock distribution move that effectively signals the coming closing of its merger with Gray Television and the immediate spin-off of Meredith’s National Media arm to the Barry Diller-fronted IAC.

The move put the wheels in motion on what would be the deal’s closing date — assuming regulatory approval would come.

That assumption has proved to be correct.

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