TEGNA Comments on Standard General Filing
TEGNA Inc (TGNA)
Last tegna inc earnings: 2/11 08:01 am
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Source: Business Wire
TYSONS, Va.--(BUSINESS WIRE)--TEGNA Inc. (NYSE: TGNA) today issued the following statement on Standard General’s filing today with the U.S. Securities and Exchange Commission:“Today’s Schedule 13-D amendment filing by Standard General should be troubling for all TEGNA shareholders. Just one day after describing itself in a letter to shareholders as ‘the largest active shareholder of TEGNA’ with a 9.7% ownership position, Standard General today disclosed that it sold approximately 25% of its shares shortly after the record date and instead took derivative positions. This reduced its stock ownership position while likely retaining its ability to vote all of the shares it held prior to those recent sales at TEGNA’s upcoming annual meeting. None of this information was communicated in yesterday’s letter, and we urge shareholders to look at the Schedule 13-D amendment for themselves.”“At a time when Standard General is seeking dramatic change to TEGNA’s highly qualified, engaged and di
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TGNA
Earnings
- 11/7/24 - Beat
TGNA
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/7/24 - Form 10-Q
- TGNA's page on the SEC website