LEXINGTON, Ky., June 22 /PRNewswire-FirstCall/ -- Triple Crown Media, Inc. announced that it has sold its wholly owned indirect subsidiary, GrayLink, LLC to a third party. GrayLink Wireless is a provider of wireless services, primarily paging services, in non-major metropolitan areas in Alabama, Florida and Georgia and also operates 13 retail locations for wireless services in Alabama, Florida and Georgia. Financial terms of the transaction were not disclosed.
Tom Stultz, President and CEO said, "The sale of GrayLink, LLC will allow management to concentrate on our core businesses. We appreciate the work and loyalty of our employees at GrayLink and wish them well."
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