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Stock impact report

Standard General Releases Letter Urging Fellow Shareholders To Demand Real Change At TEGNA And Vote The WHITE Proxy Card

TEGNA Inc (TGNA) 
Last tegna inc earnings: 2/11 08:01 am Check Earnings Report
US:NYSE Investor Relations: investors.tegna.com
Company Research Source: PR Newswire
NEW YORK, April 14, 2020 /PRNewswire/ -- Standard General L.P., the largest equity holder of TEGNA Inc. ("TEGNA" or the "Company") (NYSE: TGNA), today released a letter to TEGNA shareholders urging them to vote the WHITE proxy card "FOR" Standard General's four exceptional nominees.The letter highlights TEGNA's share price underperformance, long-term operational missteps, and series of defensive actions that have impeded transformative M&A and destroyed shareholder value.   Standard General's four highly qualified nominees – Colleen Brown, Ellen McClain Haime, Soohyung Kim, and Deborah McDermott – bring extensive local affiliate broadcast experience and are committed to a thorough review of TEGNA's operations, capital allocation, strategic alternatives, and governance to promote needed changes that benefit shareholders.Standard General encourages its fellow shareholders to read the letter, as well as its proxy materials and other shareholder letters, which are accessible at www.Tomorr Show less Read more
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