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    TGNA   US87901J1051

TEGNA INC.

(TGNA)
  Report
Delayed Nyse  -  04:00 2022-12-02 pm EST
19.94 USD   +0.96%
11/22Tegna : Merger Agreement - Form 8-K
PU
11/22Tegna Inc : Other Events (form 8-K)
AQ
11/21Standard General Acquisition of TEGNA Receives Approval from Team Telecom
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Regulator seeks more information related to Standard General's $5.4 billion Tegna deal

09/29/2022 | 05:38pm EST
FILE PHOTO: The Federal Communications Commission (FCC) logo is seen before the FCC Net Neutrality hearing in Washington

(Reuters) - The Federal Communications Commission (FCC) on Thursday asked for further information pertaining to the sale of U.S. TV station operator Tegna Inc to Standard General.

Tegna, which owns 64 news brands in 51 U.S. markets, agreed to be acquired by Standard General in a $5.4 billion all-cash deal in February.

Standard General, which is Tegna's third-largest shareholder, had nominated four members to the company's board in 2020, arguing the stock had underperformed and changes were needed.

The FCC said it needed further information in order to review applications seeking consent to transfer control of Tegna's subsidiaries, which own several licenses, to Standard General.

The regulator, which had asked for other additional information in June, added applicants were expected to respond to the information request before the October 13 deadline.

(Reporting by Akash Sriram in Bengaluru; Editing by Krishna Chandra Eluri)


ę Reuters 2022
All news about TEGNA INC.
11/22Tegna : Merger Agreement - Form 8-K
PU
11/22Tegna Inc : Other Events (form 8-K)
AQ
11/21Standard General Acquisition of TEGNA Receives Approval from Team Telecom
AQ
11/18Standard General Acquisition of TEGNA Receives Approval from Team Telecom
BU
11/18US Commerce Department Agency Says it Has 'No Objection' to Tegna, Standard General Dea..
MT
11/09TEGNA INC Management's Discussion and Analysis of Financial Condition and Results of O..
AQ
11/09Tranche Update on TEGNA Inc.'s Equity Buyback Plan announced on January 6, 2021.
CI
11/09TEGNA Q3 Non-GAAP EPS, Revenue Higher
MT
11/09TEGNA Inc. Reports Third Quarter 2022 Results
BU
11/09Earnings Flash (TGNA) TEGNA Reports Q3 EPS $0.65
MT
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Analyst Recommendations on TEGNA INC.
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Financials (USD)
Sales 2022 3 309 M - -
Net income 2022 650 M - -
Net Debt 2022 2 508 M - -
P/E ratio 2022 -
Yield 2022 1,91%
Capitalization 4 452 M 4 452 M -
EV / Sales 2022 2,10x
Capi. / Sales 2023 1,41x
Nbr of Employees 6 200
Free-Float 68,3%
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Technical analysis trends TEGNA INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 19,94 $
Average target price 24,00 $
Spread / Average Target 20,4%
EPS Revisions
Managers and Directors
David T. Lougee President, Chief Executive Officer & Director
Victoria Dux Harker Chief Financial Officer & Executive Vice President
Howard D. Elias Chairman
Kurt Rao Chief Technology Officer & Senior Vice President
Mark Morneau Vice President-Information Technology
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