HEADQUARTERS TEGNA Inc. 8350 Broad Street Suite 2000 Tysons, VA 22102 703-873-6600 PRESS CONTACTS Corporate Communications TEGNA Inc. 8350 Broad Street Suite 2000 Tysons, VA 22102 703-873-6440 SHAREHOLDER SERVICES TEGNA Inc. shares are traded on the New York Stock Exchange under the symbol TGNA. The company’s transfer agent and registrar is Computershare. General inquiries and Standard General is one of Tegna’s largest existing shareholders and has waged battles with the media company twice in the last two years to rework the Tegna board in pursuit of a sale. Allen ...Feb 22, 2022 · U.S. TV station operator Tegna Inc will be acquired by Standard General for $5.4 billion in an all-cash deal, ending a years-long battle by the shareholder. ... media entrepreneur Byron Allen had ... Continuing to expand his Allen Media Group empire in 2022, Allen launched the AVOD service Sports.TV and the Spanish-language version of the Weather Channel, debuted the syndicated series “We…Feb 27, 2023 · The UFP analyst also highlighted that Byron Allen's Allen Media was reportedly bidding $23 a share for Tegna before Standard General was chosen, though any future Allen bid is likely to be below ... With the purchase of WJRT, Allen Media Group now owns 32 broadcast stations in 20 U.S. markets. In August Allen completed the purchase of 10 stations from Gray for $380 million in cash. Allen is reportedly among the bidders who have made offers for Tegna. Allen Media Group had no comment on Tegna.Aug 15, 2023 · Comedian-turned-media mogul BYRON ALLEN has entered the competition for TEGNA, submitting a $20 per share bid for the former GANNETT television division, reports THE WALL STREET JOURNAL. The offer ... The other three offers came from private Equity firm Apllo, Bryon Allen’s Allen Media Group and The Najafi Companies and Trinity Broadcasting Network in a joint bid. All three were said to be ...Sep 6, 2023 · FTVLive. September 06, 2023 / Scott Jones. Tue Sep 05 2023 20:13:11 GMT-0700 (Pacific Daylight Time) May 23, 2023 · Byron Allen, TV producer and media mogul, signaled he’s interested in potentially acquiring Tegna Inc. after the company’s proposed buyout by hedge fund Standard General LP fell apart. Reuters reported in November that media entrepreneur Byron Allen had raised $10 billion in preferred equity and debt to fund his bid for Tegna, hoping to prevail over a rival offer from Apollo and ...That roster includes Diddy, Tyler Perry, and comic-turned-media-mogul Byron Allen. Allen has acquired a variety of broadcast and online outlets for the past few years. Some of them, like the Black ...According to numerous public reports, outside interests pushed Commission officials to block this transaction in order to pave the way for an alternative buyer, namely Byron Allen. For example, the Wall Street Journal reported that Mr. Allen’s Allen Media Group had previously tried, unsuccessfully, to acquire TEGNA in the fall of 2021.According to numerous public reports, outside interests pushed Commission officials to block this transaction in order to pave the way for an alternative buyer, namely Byron Allen. For example, the Wall Street Journal reported that Mr. Allen’s Allen Media Group had previously tried, unsuccessfully, to acquire TEGNA in the fall of 2021.October 19, 2021 at 6:14 PM PDT. Listen. 3:52. Byron Allen has shored up more investors to back his $23-a-share takeover offer for television broadcaster Tegna Inc., according to people familiar ...Standard General agreed to acquire Tegna Inc. for $5.4 billion, consummating a yearslong takeover saga for the television broadcaster. The investment firm agreed to pay $24 a share in cash, 39% ...Sep 21, 2021 · By Jill Goldsmith. September 21, 2021 2:55pm. Byron Allen Entertainment Studios. Broadcaster TEGNA confirmed Tuesday that it’s received what would be a new round of acquisition proposals. It ... Feb 22, 2022 · Big publicly-traded broadcaster Tegna, which has been in play for months, agreed to sell itself to Standard General and investors led by Apollo Global Management and its Cox Media Group. It’s a ... Feb 22, 2022 · TEGNA. Media-focused investment firm Standard General has struck a deal to purchase TV broadcaster Tegna Inc., one of the last remaining large publicly held station groups, for $24 per share in ... Sep 22, 2021 · Byron Allen has submitted a bid for TEGNA, a local TV news company that currently has 64 stations in 51 markets. The business mogul, owner of theGrio and CEO of Allen Media Group, has begun to set ... The other three offers came from private Equity firm Apllo, Bryon Allen’s Allen Media Group and The Najafi Companies and Trinity Broadcasting Network in a joint bid. All three were said to be ...Nov 2, 2021 · Byron Allen continues to expand the multi-media empire that has made him one of the richest Black men in America today, reports Afro Tech. It’s being reported that Tegna is a multi-media company that owns more than 64 radio and television stations that span across more than 50 markets across the United States. Dec 20, 2021 · Allen has reportedly made a $10 billion bid for Tegna, which owns 64 TV stations. He said he couldn’t comment on Tegna because of a confidentiality agreement. “We are very acquisitive and we are looking to buy Big Four network affiliates wherever we can achieve that goal,” he said. Apollo owns television stations it bought in December 2019 from Cox Media Group and can likely boost Tegna earnings by combining the companies. Byron Allen, owner of the Weather Channel, ...Mar 12, 2020 · Byron Allen ’s Allen Media Group has made an all-cash offer for Tegna, the station group that has attracted at least two other bids during the past week. Allen is believed to have offered $20 a ... Allen was reportedly bidding for Tegna ( TGNA) before it agreed to a sale to Standard General for $24/share in February of last year. That sale now appears to be on life support with the Federal ...Comedian-turned-media-mogul Byron Allen has submitted an all-cash offer to buy TV station owner Tegna Inc. for $8.5 billion, including debt, a person familiar with the matter said Wednesday.Feb 27, 2023 · The UFP analyst also highlighted that Byron Allen's Allen Media was reportedly bidding $23 a share for Tegna before Standard General was chosen, though any future Allen bid is likely to be below ... Jun 4, 2023 · That roster includes Diddy, Tyler Perry, and comic-turned-media-mogul Byron Allen. Allen has acquired a variety of broadcast and online outlets for the past few years. Some of them, like the Black ... Feb 22, 2022 · The investment firm agreed to pay $24 a share in cash, 39% above Tegna’s Sept. 14 closing price, before media accounts about a possible sale. The deal is expected to close in the second half ... Mar 12, 2020 · Byron Allen's Allen Media Group has made an all-cash offer for Tegna, the station group that has attracted at least two other bids during the past week. Allen is believed to have offered $20 a ... Morgan Stanley is Byron Allen’s lender and is expected to refinance all of Allen Media if they succeed in buying Tegna, the source added. Tegna’s shares closed Wednesday at $21.01, up from $17 ...Oct 31, 2021 · Tegna shares on Friday closed at $19.66. Byron Allen came to fame at the age of 18, when he co-hosted the talk show “Real People” starting in 1979. Getty Images for Allen Media Group That... February 22, 2022 4:08am. Tegna CEO Dave Lougee Courtesy of Getty Images. Local TV giant Tegna is selling itself to a pair of private equity firms in a multibillion-dollar deal. Standard General ...Media mogul Byron Allen is said to have raised $10 billion in preferred equity and debt for his bid to buy Tegna Inc. (NYSE: TGNA), the Virginia-based operator of dozens of U.S. television...January 25, 2023 4:24pm Updated Media mogul Byron Allen appears to be courting major Democratic politicians once again as he attempts to stop a hedge fund’s acquisition of TV station giant...Allen made an $8.5 billion bid for the broadcaster in 2020. The current dustup follows an apology from Tegna CEO Dave Lougee earlier this year over his racially insensitive actions toward a former ...Feb 22, 2022 · The private equity giants beat out a rival offer from Byron Allen’s Allen Media Group, which had partnered with Ares Management on the bid. Under the pact, the company will become the “nation... The other three offers came from private Equity firm Apllo, Bryon Allen’s Allen Media Group and The Najafi Companies and Trinity Broadcasting Network in a joint bid. All three were said to be ...WASHINGTON, D.C. —With the financial commitments needed to finance the $8.6 billion Tegna acquisition set to expire on Monday May 22, Standard General is reporting that it will be meeting with the FCC on May 18 to discuss and negotiate issues that have been blocking approval of the Tegna deal. In the run-up to the meeting, Standard General ...May 6, 2021 · A hedge fund that's looking to shake up the board at TV-broadcasting giant Tegna is pointing to allegations of rampant sex discrimination and racial bias across the company, including accusations ... Byron Allen Among Bidders for Local TV Giant TEGNA. Allen and Ares Management have submitted a joint bid for the company, which owns 64 local stations, as have Apollo and Standard General.FTVLive. September 06, 2023 / Scott Jones. Tue Sep 05 2023 20:13:11 GMT-0700 (Pacific Daylight Time)Mar 28, 2023 · Hedge fund Standard General has filed a lawsuit against the Federal Communications Commission ( FCC) for referring a potential merger with broadcaster TEGNA to an administrative law judge. The lawsuit, filed in federal court on Tuesday, argued that the FCC’s decision to send the merger to an administrative hearing was “an unprecedented and ... The biggest mover from last year’s list is Byron Allen’s Allen Media, which jumped up eight spots to No. 14 this year. Spinoffs from the Quincy sale boosted the coffers of Allen, which bought 10 stations for $380 million (those followed Allen’s earlier purchase of KITV Honolulu for $30 million in August 2020).Mar 30, 2020 · The other three offers came from private Equity firm Apllo, Bryon Allen’s Allen Media Group and The Najafi Companies and Trinity Broadcasting Network in a joint bid. All three were said to be ... The private equity giants beat out a rival offer from Byron Allen’s Allen Media Group, which had partnered with Ares Management on the bid. Under the pact, the company will become the “nation...Feb 22, 2022 · The private equity giants beat out a rival offer from Byron Allen’s Allen Media Group, which had partnered with Ares Management on the bid. Under the pact, the company will become the “nation... Byron Allen, TV producer and media mogul, signaled he’s interested in potentially acquiring Tegna Inc. after the company’s proposed buyout by hedge fund Standard General LP fell apart.Nov 1, 2021 · Word is that Byron Allen has secured about $8 billion bucks in his effort to buy the Tegna stations. The NY Post says that the Tegna deal could make or break his budding business empire. The Post writes, that the Allen Media Group thus has amassed 33 local TV network affiliate stations — gets his hands on Tegna’s 64 stations, his bargaining ... Dec 20, 2021 · Allen has reportedly made a $10 billion bid for Tegna, which owns 64 TV stations. He said he couldn’t comment on Tegna because of a confidentiality agreement. “We are very acquisitive and we are looking to buy Big Four network affiliates wherever we can achieve that goal,” he said. The broadcaster Tegna Inc. has received takeover interest from media mogul Byron Allen and private equity giant Apollo Global Management Inc., according to people familiar with the matter.. Allen ...Feb 4, 2022 · Byron Allen's Allen Media Group is said to still be involved in the bidding process for broadcaster Tegna (NYSE: TGNA). Allen Media remains "at the table," according to a CTFN report,... May 6, 2021 · A hedge fund that's looking to shake up the board at TV-broadcasting giant Tegna is pointing to allegations of rampant sex discrimination and racial bias across the company, including accusations ... Reuters reported in November that media entrepreneur Byron Allen had raised $10 billion in preferred equity and debt to fund his bid for Tegna, hoping to prevail over a rival offer from Apollo and ...Byron Allen’s Allen Media Group has made an all-cash offer for Tegna, the station group that has attracted at least two other bids during the past week. Allen is believed to have offered $20 a share for Tegna in a bid that values the company at $8.5 billion, including more than $4 billion of Tegna debt.Oct 18, 2021 · Allen made an $8.5 billion bid for the broadcaster in 2020. The current dustup follows an apology from Tegna CEO Dave Lougee earlier this year over his racially insensitive actions toward a former ... Sep 22, 2021 · Byron Allen has submitted a bid for TEGNA, a local TV news company that currently has 64 stations in 51 markets. The business mogul, owner of theGrio and CEO of Allen Media Group, has begun to set ... Oct 20, 2021 2:27 PM EDT. Shares of Tegna ( TGNA) - Get Free Report were higher on Wednesday on a report that media titan Byron Allen has received additional backing for his takeover bid for the ...About TEGNA. NEWS CENTER Maine is owned and operated by TEGNA Inc., an innovative media company that serves the greater good of its communities. Across platforms, TEGNA delivers relevant and trusted content by telling empowering stories, conducting impactful investigations and providing innovative and unparalleled solutions for advertisers ...TEGNA. Media-focused investment firm Standard General has struck a deal to purchase TV broadcaster Tegna Inc., one of the last remaining large publicly held station groups, for $24 per share in ...Feb 23, 2022 · Deb McDermott to become CEO, Cox Media expected to get 3 stations. Tegna said it has agreed to be acquired by Standard General in a deal worth $8.6 billion, including the assumption of $3.2 billion in debt. Tegna shareholders will get $24 for the shares and Apollo Global's Cox Media Group will acquires Tegna stations in Dallas, Houston and Austin. October 19, 2021 at 6:14 PM PDT. Listen. 3:52. Byron Allen has shored up more investors to back his $23-a-share takeover offer for television broadcaster Tegna Inc., according to people familiar ...Tegna on Tuesday confirmed that it has recently received acquisition proposals. Published reports said that the broadcaster has hired an investment banker to handle a bidding process and that Apollo Global Management, Standard General and Byron Allen were interested. One report had Apollo and Standard General combining to make an offer worth $8 ...Reports say Allen, who is chairman-CEO of Allen Media Group, is teaming with Ares Management in a bid for Tegna, the TV/radio group of the Gannett Company that was spun off as an independent ...According to numerous public reports, outside interests pushed Commission officials to block this transaction in order to pave the way for an alternative buyer, namely Byron Allen. For example, the Wall Street Journal reported that Mr. Allen’s Allen Media Group had previously tried, unsuccessfully, to acquire TEGNA in the fall of 2021.Nov 5, 2021 · Tegna (TGNA) rose 0.5% on a report that Byron Allen is likely to make a bid for the broadcaster in the next several weeks.Allen's group is likely to offer $23/share with financing from... Byron Allen's Allen Media Group has made an all-cash offer for Tegna, the station group that has attracted at least two other bids during the past week. Allen is believed to have offered $20 a ...New jobs posted to TVNewsCheck’s Media Job Center include an opening for a Vice President and General Manager in Nashville. Other existing openings include two maintenance technicians, a multimedia sales manager, a sales manager, business partnerships and development executive, executive producer evenings, assistant news director, three ...Nov 5 (Reuters) - Media entrepreneur Byron Allen has raised $10 billion in preferred equity and debt for his bid for U.S. regional TV station operator Tegna Inc (TGNA.N), hoping to prevail...Byron Allen has shored up more investors to back his takeover offer for television broadcaster Tegna, according to people familiar with the matter. The media mogul is seeking $8 billion or more in ...Allen made an $8.5 billion bid for the broadcaster in 2020. The current dustup follows an apology from Tegna CEO Dave Lougee earlier this year over his racially insensitive actions toward a former ...Media mogul Byron Allen is said to have raised $10 billion in preferred equity and debt for his bid to buy Tegna Inc. (NYSE: TGNA), the Tysons-based operator of dozens of U.S. television stations.Sep 21, 2021 · By Jill Goldsmith. September 21, 2021 2:55pm. Byron Allen Entertainment Studios. Broadcaster TEGNA confirmed Tuesday that it’s received what would be a new round of acquisition proposals. It ... Byron Allen has submitted a bid for TEGNA, a local TV news company that currently has 64 stations in 51 markets. The business mogul, owner of theGrio and CEO of Allen Media Group, has begun to set ...Most recent bid in Sep’21 came in from Allen Media Group at $23/share. This suggests that in case of a deal-break, the company could attract the interest of strategic buyers. Broadcasting MarketMedia mogul Byron Allen is said to have raised $10 billion in preferred equity and debt for his bid to buy Tegna Inc. (NYSE: TGNA), the Virginia-based operator of dozens of U.S. television...Analyst Report: TEGNA IncTEGNA is a pure-play local television broadcasting and related digital media company. The Broadcasting segment comprises 64 local television stations and two radio ...Mar 12, 2020 · Byron Allen ’s Allen Media Group has made an all-cash offer for Tegna, the station group that has attracted at least two other bids during the past week. Allen is believed to have offered $20 a ... A source close to Allen Media Group, which is Allen's Los Angeles-based company, told the New York Post the mogul “was going to cut 30% of expenses if he bought Tegna and that meant job losses."Standard General is one of Tegna’s largest existing shareholders and has waged battles with the media company twice in the last two years to rework the Tegna board in pursuit of a sale. Allen ...U.S. TV station operator Tegna Inc will be acquired by Standard General for $5.4 billion in an all-cash deal, ending a years-long battle by the shareholder. ... media entrepreneur Byron Allen had ...Feb 23, 2022 · Deb McDermott to become CEO, Cox Media expected to get 3 stations. Tegna said it has agreed to be acquired by Standard General in a deal worth $8.6 billion, including the assumption of $3.2 billion in debt. Tegna shareholders will get $24 for the shares and Apollo Global's Cox Media Group will acquires Tegna stations in Dallas, Houston and Austin. Byron Allen, the 1980s comedian-turned-media-mogul who owns the Weather Channel, aims to acquire Tegna Inc (NYSE: TGNA) in an $8 billion deal, New York Post reports. Tegna, formerly owned by ...January 25, 2023 4:24pm Updated Media mogul Byron Allen appears to be courting major Democratic politicians once again as he attempts to stop a hedge fund’s acquisition of TV station giant...Media mogul Byron Allen is said to have raised $10 billion in preferred equity and debt for his bid to buy Tegna Inc. (NYSE: TGNA), the Virginia-based operator of dozens of U.S. television...Apollo owns television stations it bought in December 2019 from Cox Media Group and can likely boost Tegna earnings by combining the companies. Byron Allen, owner of the Weather Channel, ...Now they want to do the same for TEGNA, the broadcast, digital media and marketing services with 64 television stations in 51 markets. They envision an investment in local talent married with ...Last month, the FCC’s Media Bureau said it was unable to determine whether Standard General’s proposed purchase of TEGNA — which is backed by hedge fund Apollo Global Management and comes with a price tag of over $5 billion — was in the public interest. The Media Bureau also expressed concern that allowing TEGNA to be acquired by ... House Speaker Nancy Pelosi (D-Calif.) and Rep. Frank Pallone Jr. (D-N.J.) raised concerns about Standard General LP’s proposed $5.4 billion acquisition of U.S.-based broadcast company Tegna Inc ...Tegna shares on Friday closed at $19.66. Byron Allen came to fame at the age of 18, when he co-hosted the talk show “Real People” starting in 1979. Getty Images for Allen Media Group That...
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Apollo owns television stations it bought in December 2019 from Cox Media Group and can likely boost Tegna earnings by combining the companies. Byron Allen, owner of the Weather Channel, ...Nov 2, 2021 · Byron Allen continues to expand the multi-media empire that has made him one of the richest Black men in America today, reports Afro Tech. It’s being reported that Tegna is a multi-media company that owns more than 64 radio and television stations that span across more than 50 markets across the United States. Byron Allen, the 1980s comedian-turned-media-mogul who owns the Weather Channel, aims to acquire Tegna Inc (NYSE:TGNA) in an $8 billion deal, New York Post reports.; Tegna, formerly owned by ...New jobs posted to TVNewsCheck’s Media Job Center include an opening for a Vice President and General Manager in Nashville. Other existing openings include two maintenance technicians, a multimedia sales manager, a sales manager, business partnerships and development executive, executive producer evenings, assistant news director, three ...Continuing to expand his Allen Media Group empire in 2022, Allen launched the AVOD service Sports.TV and the Spanish-language version of the Weather Channel, debuted the syndicated series “We…A source close to Allen Media Group, which is Allen's Los Angeles-based company, told the New York Post the mogul “was going to cut 30% of expenses if he bought Tegna and that meant job losses."Feb 22, 2022. Tysons media company Tegna Inc. (NYSE: TGNA) has agreed to be acquired by hedge fund Standard General for $24 per share in cash, or approximately $5.4 billion. When including the ...October 19, 2021 at 6:14 PM PDT. Listen. 3:52. Byron Allen has shored up more investors to back his $23-a-share takeover offer for television broadcaster Tegna Inc., according to people familiar ...Allen Media Group/Entertainment Studios currently owns 15 TV stations and the Weather Channel along with a stake in more than 20 Sinclair regional sports networks. Tegna owns 62 local TV stations ...Byron Allen makes $8.5B cash bid for broadcaster Tegna. Currently, Allen Media owns 15 television stations in 11 markets and a handful of cable networks, including the Weather Channel.Comedian-turned-media-mogul Byron Allen has submitted an all-cash offer to buy TV station owner Tegna Inc. for $8.5 billion, including debt, a person familiar with the matter said Wednesday.Last month, the FCC’s Media Bureau said it was unable to determine whether Standard General’s proposed purchase of TEGNA — which is backed by hedge fund Apollo Global Management and comes with a price tag of over $5 billion — was in the public interest. The Media Bureau also expressed concern that allowing TEGNA to be acquired by ...Budding media mogul Byron Allen has made a bid for broadcaster Tegna Inc. that values the owner of 62 local television stations at $4.4 billion, a person familiar with matter said.About TEGNA. NEWS CENTER Maine is owned and operated by TEGNA Inc., an innovative media company that serves the greater good of its communities. Across platforms, TEGNA delivers relevant and trusted content by telling empowering stories, conducting impactful investigations and providing innovative and unparalleled solutions for advertisers ...U.S. TV station operator Tegna Inc will be acquired by Standard General for $5.4 billion in an all-cash deal, ending a years-long battle by the shareholder. ... media entrepreneur Byron Allen had ...Byron Allen's Allen Media Group is said to still be involved in the bidding process for broadcaster Tegna (NYSE: TGNA). Allen Media remains "at the table," according to a CTFN report,....