Suitors vying for Tegna's TV stations can't keep them all [Reuters]
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: Reuters
Suitors vying for Tegna's TV stations can't keep them all March 13 (Reuters) - The race to acquire U.S. TV station operator Tegna Inc hinges not just on the price suitors are willing to pay, but also on how much they may give up in terms of assets to win regulatory approval, people familiar with the matter said. Peer Gray Television Inc, private equity firm Apollo Global Management Inc and media mogul Byron Allen have submitted competing offers for Tegna, valuing it at $8.5 billion, including debt, according to people familiar with the matter. Apollo and Allen have each offered $20 per share in cash for Tegna, while Gray has also made a $20-per-share bid, but with a small portion of it to be funded with its own shares as currency, rather than all-cash, the sources said. As the bidding war rages and the suitors revise their offers, the outcome will also be determined by the ability of the successful acquirer to divest some TV stations, the sources said. All three bidders own TV station
Show less
Read more
Impact Snapshot
Event Time:
TGNA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TGNA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TGNA alerts
High impacting TEGNA Inc news events
Weekly update
A roundup of the hottest topics
TGNA
News
- Dallas Mavericks Announce New Streaming Platform For MavsTV [Forbes]Forbes
- TEGNA Inc. (NYSE: TGNA) was upgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating. They now have a $23.00 price target on the stock.MarketBeat
- Three Reasons to Avoid TGNA and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- TEGNA Inc. (NYSE: TGNA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Ipswich Town's Cameron Burgess Dreams Of 2026 World Cup With Australia [Forbes]Forbes
TGNA
Earnings
- 11/7/24 - Beat
TGNA
Sec Filings
- 12/10/24 - Form 4
- 12/10/24 - Form 4
- 12/6/24 - Form 144
- TGNA's page on the SEC website