Triple Crown Media gets conditional approval for listing on stock exchange

ATLANTA - Gray Television Inc. said subsidiary Triple Crown Media received conditional approval to have its common stock listed on the Nasdaq National Market.

Gray said it intends to distribute Triple Crown stock to Gray shareholders on or about Dec. 30.

Earlier this year, Gray Television said it was spinning off its newspaper publishing division into public company Triple Crown Media. The Gwinnett Daily Post, four other Gray newspapers and GrayLink Wireless, a provider of pager and other wireless services, will make up the new Triple Crown Media.