Media mogul Byron Allen raises $10 billion for Tegna bid, debt refinancing -sources - NewsBreak

Nov 5 (Reuters) - Media entrepreneur Byron Allen has raised $10 billion in preferred equity and debt for his bid for U.S. regional TV station operator Tegna Inc (TGNA.N), hoping to prevail over a rival offer from investment firms Apollo Global Management Inc (APO.N) and Standard General LP, people familiar with the matter said.