Gray Television (GTN) and Tegna (TGNA) acquisition information, including expected completion date and offer price, is displayed in the merger details table below.
This deal was abandoned on March 17, 2020
Merger Details | Value |
---|---|
Acquisition Target Stock Name | Tegna |
Acquisition Target Stock Ticker | TGNA |
Acquirer Stock Name | Apollo Global Management (APO) |
Announcement Date | TBA |
Target Attitude | TBA |
Expected Completion Date | TBA |
Deal Value | $8.5bn |
Offer Price | $20.00 |
Payment Method | All Cash Deal |
Initial Report | Reuters |
Investor Relations | JJanedis@tegna.com |
Deal Abandoned Date | March 17, 2020 |
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The major Gray Television (GTN) and Tegna (TGNA) buyout news updates & events are listed below. An invaluable data source for traders & investors looking to familiarize themselves with the Gray Television (GTN) takeover of Tegna (TGNA) and trade the risk arbitrage spread. Following the acquisition news and events section, there are in-depth company profiles.
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Tegna (NYSE: TGNA) Merger - Acquisition News and Events
Tegna Company Profile
TEGNA Inc. operates as a media company in the United States. The company operates television stations and radio stations that deliver television programming and digital content. It offers content and information to consumers across various platforms. The company also provides solutions for advertisers through TEGNA Marketing Solutions (TMS).
TMS is a one-stop shop that helps businesses through a suite of services and solutions that reach consumers in television, email, and social platforms, as well as over-the-top (OTT) platforms, including Premion OTT advertising service. As of March 1, 2019, it operated 49 television stations and 2 radio stations in 41 markets. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in Tysons, Virginia.
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