Deb McDermott

May 17, 2022

Tegna shareholders approve $5.4B sale to hedge fund

Tysons-based broadcast and digital media giant Tegna Inc.’s shareholders approved an agreement at a special meeting Tuesday for the sale of the company to an affiliate of New York hedge fund Standard General. On Feb. 22, Tegna announced it would be acquired in a $5.4 billion cash deal by an affiliate of Standard General LP. […]

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