In an all-cash deal, TV broadcaster Tegna has sold to one of the largest shareholders of the company. Tegna, which is one of the largest local news broadcast companies in the U.S., was sold to Standard General, in a $5.4 billion deal that was backed by private equity giant Apollo Global Management. The companies made … Continue reading “TV Broadcaster Tegna Sells to Largest Shareholder in $5.4B Deal”
