According to a report in the New York Post yesterday, station group Tegna is close to inking a $9 billion deal to be acquired by equity investors Standard General and Apollo Global Management. However, the deal could face the hurdle of a lengthy regulatory approval process that could end up scuttling it.
NYP: Tegna Close to Equity Buy-Out
20/01/2022
According to a report in the New York Post yesterday, station group Tegna is close to inking a $9 billion deal to be acquired by equity investors Standard General and Apollo Global Management. However, the deal could face the hurdle of a lengthy regulatory approval process that could end up scuttling it.
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