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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. [5]
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 ...
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 .
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 ...
cmg.com. CMG Media Corporation[1] (doing business as Cox Media Group) is an American media conglomerate principally owned by Apollo Global Management in conjunction with Cox Enterprises, which maintains a 29% minority stake in the company. The company primarily owns radio and television stations—many of which are located in the South, Pacific ...
The National Association of Broadcasters is trying to stimulate forward momentum in the stalled review of private equity firm Standard General’s takeover of major TV station group Tegna. The $8. ...
On February 22, 2022, Tegna announced that it would be acquired by Standard General and Apollo Global Management for $5.4 billion. As a part of the deal, KMPX and WFAA, along with their Austin sister station KVUE and Houston sister stations KHOU and KTBU, would be resold to Cox Media Group. [16] [17] The sale was canceled on May 22, 2023.
Media-focused investment firm Standard General has struck a deal to purchase TV broadcaster Tegna Inc., one of the last remaining large publicly held station groups, for $24 per share in cash, the ...