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Showing results for tags 'Standard Media'.
Bloomberg is now reporting that Standard/Apollo are nearly a deal to buy Tegna for $24-a-share What's interesting is that what's included is that the shares will increase if the regulatory approval takes a long (and I mean a long) time to approve (which is a possibility). A deal could be announced as soon as later this morning.
Remember the Standard Media group that just purchased WLNE and KLKN? Well they just bought more stations. Standard announced today they're acquiring nine television markets in six markets as well as 15 FM and AM radio stations plus it's news production hub based in Little Rock, Arkansas I'd be very interested to see how Deb and her team will operate the stations.