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Standard General Fights For TEGNA Deal
Standard General Founding Partner Soo Kim is fighting back against some of the attacks being made against his company’s proposed acquisition of TEGNA.
Retransmission Consent Debate Back at the FCC
The FCC gathered comments from the industry earlier this week on the state of competition in the communications marketplace, and some stakeholders used it as an opportunity to voice their displeasure with the state of retransmission consent and the rules surrounding it.
Standard General Soothing TEGNA Concerns
Standard Media CEO Deb McDermott is reassuring TEGNA employees that there are no plans to lay off journalists from the broadcaster’s stations following its acquisition by Standard General.
TEGNA Going Private in $8.6B Deal
Private equity firms Standard General and Apollo Global Management have agreed to buy TEGNA in a deal with an enterprise value of approximately $8.6 billion (including the assumption of debt), with the two paying $24/share in cash.