Apollo, Standard General make $8B bid for Tegna TV stations: sources - NewsBreak
By Vivian in Business
Updated 3 years ago
Apollo Global Management teamed with Standard General on Monday to make a binding bid that topped $8 billion for local TV station owner Tegna, sources close to the matter said. Tegna — spun off from newspaper giant Gannett in 2015 as a separate, publicly traded company — operates 64 television...