Security News in Brief: Justice Department Requires Substantial Divestitures in Gray’s Acquisition of Quincy to Protect American Consumers and Small Businesses

Source: United States Department of Justice News

The Department of Justice announced today that it will require Gray Television Inc. and Quincy Media Inc. to divest 10 broadcast television stations in seven local markets as a condition of resolving a challenge to Gray’s proposed $925 million acquisition of Quincy.