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Bookmark or Share- Standard General to Acquire Tegna for $5.4 Billion - VarietyStandard General has struck a deal to purchase TV broadcaster Tegna Inc. for $24.00 per share in cash, the companies announced Tuesday.
- Standard General taking TV station owner Tegna private in $5.4B dealStandard General is taking television station owner Tegna private in a deal valued at about $5.4 billion. An affiliate of Standard General will pay $24 in cash for each Tegna share.
- TEGNA to be Acquired by Standard General for $24.00 Per Share - TEGNATysons, Va. and New York – TEGNA Inc. (NYSE: TGNA) and Standard General L.P. today announced that TEGNA and an affiliate of Standard General have entered into a definitive agreement under which TEGNA will be acquired by the Standard General affiliate for $24.00 per share in cash.
- Standard GeneralStandard General L.P. is an SEC-registered investment adviser founded in 2007 by Managing Partner and Chief Investment Officer Soohyung (“Soo”) Kim. Standard General employs an event-driven and opportunistic strategy, taking a private equity-like approach to invest in public companies while shorting equities and credit to generate alpha and ...
- Tegna scraps $8.6 billion Standard General deal after regulatory pushbackTelevision station operator Tegna said on Monday it has terminated its merger agreement with hedge fund Standard General after several regulatory hurdles. Tegna last year agreed to be taken ...
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