Atlanta-based Gray Media, Inc., will acquire 10 television stations from Byron Allen’s media group for $171 million. The transaction would bring Gray into three new markets – Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and West Lafayette, Indiana, according to a press release. It will also build the company’s presence in seven other markets, creating duopolies that will enable Gray to enhance its public service to their communities with expanded local news, local weather, and local sports programming. Allen Media Group in debt In June, Byron Allen announced that it was selling