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Standard General L.P. is the largest shareholder of Bally's Corporation, formerly known as Twin River Worldwide Holdings. Soo Kim, Standard General's managing partner had been an independent director of the company since 2016 and was elected chairman of the board of directors in late 2019.
UPDATE: Standard General blasted the FCC’s decision to send its proposed acquisition of Tegna to an administrative law judge, accusing the agency of trying to scuttle the deal by delaying it. On ...
Tegna Inc. Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons Corner, Virginia. [3] [4] It was created on June 29, 2015, when the Gannett Company split into two publicly traded companies. Tegna comprised the more profitable broadcast ...
Standard General, which is engaged in a proxy contest to replace four of Tegna's board directors, had disclosed earlier last week it converted about a quarter of its 9.7% stake in the company into ...
Standard Media Group LLC. Standard Media Group is an American broadcast and digital media company based in Nashville, Tennessee. Standard Media was founded in 2018 by Deborah A. McDermott, who serves as the company's CEO. Previously, McDermott was the chief operating officer of Media General and CEO-president of Young Broadcasting.
Investment firm Standard General has struck a deal to purchase TV broadcaster Tegna Inc. for $24 per share in cash, the companies announced Tuesday. That’s approximately $5.4 billion total ...
On February 22, 2022, a partnership of Standard General and Apollo announced their intent to acquire Tegna; Apollo will hold non-voting shares in the company. As part of the sale, Standard General will sell Standard Media's WDKA, WLNE, KBSI, and KLKN to CMG, and CMG will also acquire Tegna's stations in Dallas–Fort Worth, Houston, and Austin ...
Big publicly-traded broadcaster Tegna, which has been in play for months, agreed to sell itself to Standard General and investors led by Apollo Global Management and its Cox Media Group. It’s a ...