Standard General to Nominate Slate of Four Highly Qualified, Diverse Director Candidates for Election at TEGNA's 2020 Annual Meeting
Big 5 Sporting Goods Corporation (BGFV)
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US:NASDAQ Investor Relations:
big5sportinggoods.com/store/company/investorrelations
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Source: PR Newswire
NEW YORK, Jan. 15, 2020 /PRNewswire/ -- Standard General L.P., one of the largest shareholders of TEGNA Inc. (NYSE: TGNA), and the owner of approximately 9.7% of the Company's outstanding shares, today announced that it will nominate a slate of four highly qualified, diverse and independent candidates for election to the Board of Directors at the Company's 2020 Annual Meeting of Shareholders. Standard General also announced that it has issued the following open letter to TEGNA shareholders. A LETTER TO THE SHAREHOLDERS OF TEGNA INC.January 15, 2020Dear Fellow Shareholders,Standard General L.P. and its affiliated investment funds are the owners of approximately 9.7% of the outstanding shares of TEGNA Inc. We are the Company's largest shareholder, excluding index funds, and we own approximately 20 times as many shares as the current Board and management combined. Our interests are directly aligned with yours. Standard General has an excellent track record of delivering profitable outcom
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