Tegna Inc (TGNA)

[InvestingIdeas]

Tegna Inc Shares. The company Tegna Inc is the former Gannett Co., Inc., which received the majority of the assets during the separation.
From the idea of investing in TEGNA stocks and dividends, it has already provided investors with a 52.87% or 3.91% average annual return.
#tegna #gannett #investing #investmentideas #investmentportfolio #investmentstrategy

More info https://www.aipt.lt/tegna-inc-shares/

[urkidding1]

Anybody here?

[crudeoil24]

Byron Allen Raises $10 Bln for Tegna Bid - Reuters
1:53 pm ET November 5, 2021 (Dow Jones) Print

--Media entrepreneur Byron Allen has raised $10 billion for his bid for U.S. regional TV station operator Tegna Inc. in an effort to beat a rival offer from Apollo Global Management Inc. and Standard General LP, Reuters reported Friday, citing unnamed poeple familiar with the matter.

--The preferred equity and debt financing is backed by a consortium of 14 banks and 10 investors, including Ares Management Corp., Fortress Investment Group, Oaktree Capital Management and Michael Milken's family office, Reuters reported.

--Mr. Allen, who acquired the Weather Channel TV network in 2018, made a $23-a-share offer for Tegna in September and Apollo and Standard General have offered $22 a share, Reuters cited the people familiar with the matter as saying.

--Spokespeople for Tegna, Apollo, Oaktree and Michael Milken declined to comment, Reuters reported.


Full article: https://www.reuters.com/business/media-telecom/media-mogul-byron-allen-raises-10-billion-tegna-bid-debt-refinancing-sources-2021-11-05/

[crudeoil24]

21.50

[makinezmoney]

$TGNA: Possible $10Billion Bid coming for $TGNA


Now at $21




This could easily get $40/sh

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

Read further here 👇 https://t.co/JeUMRqH3nG

— Tech News Club (@TechNewsClub) November 5, 2021

GO $TGNA