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Gannett announces name of new company

Kira Jenkins //April 21, 2015//

Gannett announces name of new company

// April 21, 2015//

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McLean-based media company Gannett Co. Inc. announced Tuesday that it will name its new broadcasting and digital company Tegna.

Gannett plans to divide itself into two publicly traded companies in the middle of this year. Tegna will trade on the New York Stock Exchange under the ticker symbol TGNA.

Tegna’s portfolio of television and digital businesses will include 46 television stations and reach about one-third of all television households in the U.S. The company also includes Cars.com and CareerBuilder, the largest online job site in North America.

The publishing division and its affiliated digital assets will retain the name Gannett and continue to trade under the symbol GCI.

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