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Standard General taking Tegna private in $5.4B cash deal

  • February 24, 2022
  • By BUSINESS RECORD STAFF
  • Tegna, Telecommunications

Standard General is taking television station owner Tegna private in a deal valued at about $5.4 billion, Associated Press reported. An affiliate of Standard General will pay $24 in cash for each Tegna share. The transaction has an enterprise value of approximately $8.6 billion, including the assumption of debt. Tegna was formed in 2015 when […]

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innovationIOWA is an extension of the Des Moines Business Record that fuels Iowa’s innovative spirit through coverage of Iowa’s entrepreneurial ecosystem in an annual publication, weekly enewsletter and ongoing coverage in the Business Record. Learn more

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