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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.
The graphics maladies are the least of Tegna's problems right now, as they are dealing with the fallout of hiring an unlicensed security guard in Denver who shot and killed a protestor.