Bahakel Communications To Sell WBBJ 7 In Jackson, Tennessee To Gray Media

Reuters12-17

Dec 16 (Reuters) - Bahakel Communications ::
*BAHAKEL COMMUNICATIONS AND GRAY MEDIA ANNOUNCE SALE OF WBBJ 7 IN JACKSON, TENNESSEE
*BAHAKEL COMMUNICATIONS: GRAY ANTICIPATES DEAL WILL BE IMMEDIATELY FREE CASH FLOW ACCRETIVE, AND IT EXPECTS TO FUND ACQUISITION WITH CASH ON HAND
*BAHAKEL COMMUNICATIONS: TO SELL ITS JACKSON, TENNESSEE, ABC AFFILIATE WBBJ-TV, KNOWN LOCALLY AS WBBJ 7, TO GRAY MEDIA

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 16-DEC-202518:48:28.117 GMT

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