Tegna shares on Friday were recently off 0.3 percent at $19.80 in early afternoon trades. The raised bid came after Tegna had failed to accept or reject the initial offer which was made two months ...

Tegna will become a private company when the deal is done. Standard General L.P. is a New York-based investment firm founded in 2007 by Soohyung “Soo” Kim and Nicholas Singer, with seed ...

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TEGNA and an affiliate of Standard General have entered into a definitive agreement under which TEGNA will be acquired for $24.00 per share in cash.

Tegna said its board approached the 2014 incident involving Lougee “with utmost seriousness,” hiring an outside law firm with no prior ties to the company to review the matter.

On Friday, Guggenheim reiterated its Buy rating on TEGNA Inc. (NYSE:TGNA) with a steady price target of $22.00. According to InvestingPro data, analysts maintain a strong buy consensus with price ...

Tegna’s concerns have emerged amid a rocky history between Tegna and Standard General, headed by hedge-fund mogul Soo Kim, who has made allegations of discrimination and bias against Tegna.

TEGNA can fund this repurchase out of its $553 million of cash on hand, which is why its $3.1 billion of debt will stay flat in 2023, leaving leverage a bit below 3x.

TEGNA's forward P/E ratio stands at X4.58 against the industry average of 13.76, a difference of -66.70%. Additionally, TGNA's forward EV/ EBITDA is 5.44 against the industry average of 7.87.

Local TV station owner Tegna announced this morning that it is selling to private owner Standard General for $5.4 billion ($24 per share) plus the assumption of debt, which makes the total value ...

TEGNA, which owns WUSA9, will become the nation’s largest minority-owned, woman-led broadcast group. Credit: TEGNA Author: WUSA 9 Staff Published: 9:49 AM EST February 23, 2022 ...

Tegna said its board approached the 2014 incident involving Lougee “with utmost seriousness,” hiring an outside law firm with no prior ties to the company to review the matter.