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Standard General L.P. Standard General L.P. is an American hedge fund headquartered in New York City. It was founded in 2007 by Soohyung "Soo" Kim and Nicholas Singer with seed capital from Reservoir Capital Group. Since 2013, Soo Kim has been the Managing Partner and Chief Investment Officer. [1]
On February 22, 2022, Tegna announced that it had agreed to be taken private by a group led by Standard General and Apollo Global Management for $24 per-share, valuing the company at $5.4 billion. The company, which will retain the Tegna name, will be controlled by an affiliate of Standard General, with Standard Media CEO Deb McDermott (who ...
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 ...
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 ...
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 ...
Tegna, which owns 64 news brands in 51 U.S. markets, had agreed to be acquired by Standard General in a $5.4 billion all-cash deal in February. UPDATE 1-Regulator seeks more documents in Standard ...
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 .
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 ...