Tegna Stock Jumps On Report Of New Sale Talks As Station Group Seals Carriage Deal With Dish, Ending 4-Month Blackout

Shares in local TV station owner Tegna jumped more than 7% today after a report it is in advanced talks to sell itself to Standard General, one of its largest shareholders. Private equity giant Apollo Global Management, a longtime investor in local TV, would provide financial backing in exchange for preferred shares, according to the […]

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