TEGNA Reports on Acquisition Approaches
TEGNA Inc (TGNA)
Last tegna inc earnings: 2/11 08:01 am
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US:NYSE Investor Relations:
investors.tegna.com
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Source: Business Wire
TYSONS, Va.--(BUSINESS WIRE)--TEGNA Inc. (NYSE: TGNA) today reported on recent acquisition approaches. As has been widely reported, TEGNA has received four unsolicited acquisition proposals in recent weeks. TEGNA and its advisors engaged substantially with two of these parties and provided them extensive non-public due diligence information. These two parties made their proposals shortly before the recent market dislocation due to the COVID-19 pandemic and both subsequently informed TEGNA that they were ceasing discussions. The other two parties have not signed confidentiality agreements to enable due diligence and have not delivered any information on financing sources.Howard Elias, chairman of the Board, said, “In addition to our focus on executing our standalone plan, the TEGNA Board and management have meaningfully engaged with third parties to explore opportunities to create value. The Board has been, and remains, willing to consider transactions that create compelling value,
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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