According to WSJ, TEGNA (TGNA) approached by Apollo Global Management (APO)

  • August 19, 2019

POTENTIAL DEAL DETAILS

Stock TEGNA Inc. Symbol TGNA
Date Announced 08/16/2019 Source Wall Street Journal
Type News Report

Apollo Global Management LLC (APO) has approached broadcasting company Tegna Inc. (TGNA) about a deal as the private-equity firm looks to bulk up its ownership of television stations, according to people familiar with the matter.

Update(s):

January 21, 2020: Another large investor in Tegna Inc (TGNA) wants the U.S. regional TV station operator to pursue a merger or sale, arguing a tie-up could be very valuable at a time the industry is facing a wave of consolidation, two people familiar with the matter said.

March 06, 2020: U.S. regional TV station operator Gray Television Inc (GTN) has made an offer to acquire larger peer Tegna Inc (TGNA) for approximately $8.5 billion, including debt, people familiar with the matter said

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