22-05-2023, 11:49 PM
Big news on the local TV front: After months of stagnation at the FCC, the merger between station group Tegna and hedge fund Standard General is officially terminated by Tegna. The latter is now owing Tegna a termination fee of $136 mil, plus looking into possibilities to take back the extra costs incurred in drafting the proposal:
www.businesswire.com
www.businesswire.com
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