February 24, 2022

Tegna sold to Standard General

    Beleaguered owner of St. Louis and Moline stations sold to hedge fund Financial hedge fund owner Standard General announced Tuesday it has acquired Virginia-based Tegna, Inc. for $8.6 billion. The deal means the company is being taking private, so it would no longer be trading on Wall Street. An affiliate of Standard General will pay $24 for each […]

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April 24, 2018

Sinclair amends Tribune deal…again

Would keep WPIX New York but spin-off WGN to an LLC Maybe the fourth time’s the charm: Hunt Valley, Md. based Sinclair Broadcasting has filed another amended proposal to purchase Tribune Media. In their new filing with the FCC, Sinclair is proposing to sell 23 stations in 18 markets in order to satisfy the broadcast ownership rules. In the new […]

0 2 min read

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