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Local TV station giant Tegna is being acquired by a Standard General L.P. affiliate for $24 per share in cash. The deal has an equity value of approximately $5.4 billion and an enterprise value of ...
TV-station empire Tegna has hit a roadblock in negotiations with suitors who are looking to buy the company in a deal worth $8.4 billion, sources close to the situation said.
An auction of the Tegna TV-station empire has been thrown into doubt as the company has questioned whether a prospective sale to a leading bidder would face antitrust concerns from US regulators, T… ...
TEGNA shares rose 1.3%, or 40 cents, to $30.51. On their last day of trading prior to the split, shares of old Gannett rose 0.7% to end Friday, June 26, at $37.16, raising the company's market ...
Tegna's stock has dropped from Friday's close of $21.84 to $16.30, and it's uncertain where the optimal deal break price should be. From early 2019 to early 2020 (pre-COVID), ...
View TEGNA, Inc. TGNA stock quote prices, financial information, real-time forecasts, and company news from CNN.
The company also said it will evaluate "strategic alternatives" or a possible sale of its job-search site CareerBuilder.Shares of TEGNA, based in McLean, Va., were up 7% to $21.42 as of early ...
TEGNA targets 40-60% of free cash flow in 2024-2025 for buybacks and dividends, or about $350 million of 2024 capital returns. Thanks to its buyback, it has just 167 million shares outstanding ...
TEGNA is up 5.3% during the same time and is heading into earnings with an average analyst price target of $18.10 (compared to the current share price of $16.06).
Tegna, the broadcasting and digital-media company that remained after the spinoff of Gannett’s publishing arm, said overall second-quarter profit fell as the publishing segment weighed on results.
TEGNA’s TGNA first-quarter 2024 non-GAAP earnings of 45 cents per share beat the Zacks Consensus Estimate by 4.65% but decreased 4.3% on a year-over-year basis. Revenues declined 3.5% year over ...
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