Net News search results for: apollo group
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March 9, 2020
Apollo Global Management, Gray Television Make Offers To Buy TEGNA
The wrangling over TEGNA's future continues with a pair of offers to buy the former GANNETT television division. THE WALL STREET JOURNAL reports that after GRAY TELEVISION INC. offered $20 per share for TEGNA in a cash and stock deal, APOLLO GLOBAL … more »
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February 11, 2020
Cox Media Group Sells Ohio Papers Back To Cox Enterprises, Retains Dayton Radio-TV Cluster
In one last element of the sale of COX MEDIA GROUP to APOLLO GLOBAL MANAGEMENT, the latter has sold three OHIO NEWSPAPERS, the DAYTON DAILY NEWS, SPRINGFIELD NEWS-SUN, and JOURNAL-NEWS, back to COX ENTERPRISES. The papers were set to cut back to three … more »
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January 22, 2020
Report: Another Investor Is Asking TEGNA To Sell Or Merge
REUTERS is reporting that another investor in TEGNA is urging a sale or merger of the company. Hedge fund HG VORA CAPITAL MANAGEMENT, holder of about 4% of TEGNA's stock, has joined STANDARD GENERAL and DONERAIL in pushing for the company to look to … more »
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January 15, 2020
Standard General Nominates Four To TEGNA Board In Challenge To Management
STANDARD GENERAL L.P., holder of 9.7% of the outstanding shares of TEGNA, is nominating four candidates for the TEGNA Board of Directors at the company's 2020 shareholder meeting. The nomination of former FISHER COMMUNICATIONS, BELO, GANNETT, and LEE … more »
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December 18, 2019
Cox Media Group Sale Closes To Apollo Global Management
COX ENTERPRISES has completed the sale of its portfolio of television and radio stations, OHIO assets and its affiliated COXREPS and GAMUT national advertising businesses to a new media company that is majority owned by private equity funds managed by … more »
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November 25, 2019
Cornerstone Community Radio Sells Illinois Stations To Good News Radio
CORNERSTONE COMMUNITY RADIO, INC. is selling Religion WLUJ and W287CK/SPRINGFIELD, IL; Religion WLWJ/PETERSBURG, IL; Religion WRLJ/WHITE HALL, IL; Religion WJWR and W284BT/BLOOMINGTON, IL; Religion WLLM-A, W287BP and W261AF/LINCOLN, IL; Religion … more »
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October 16, 2019
Report: TEGNA Shareholder Looking For Seats On Board, Strategic Review, Possible Sale Of Company
BLOOMBERG is reporting that STANDARD GENERAL, owner of 9.8% of the stock in TEGNA, is asking for two seats on the broadcaster's Board of Directors and has also asked for a strategic review that could include a possible sale of the company, which … more »
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August 22, 2019
TEGNA Confirms Apollo Approached It About Deal
TEGNA has issued a statement confirming that APOLLO GLOBAL MANAGEMENT approached its management about a potential deal to acquire the former GANNETT television division and combine it with the COX MEDIA GROUP television and radio stations and NORTHWEST … more »
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August 19, 2019
Apollo Global Management Approached TEGNA About Sale, Reports The WSJ
THE WALL STREET JOURNAL is reporting that APOLLO GLOBAL MANAGEMENT has approached TEGNA about the possibility of APOLLO acquiring the former GANNETT television division and rolling it together with COX MEDIA GROUP, which is being acquired separately by … more »
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August 15, 2019
Cox Media Group Structure Following Apollo Closing Finds Kim Guthrie At The Top As CEO; Exec Team Named
Once APOLLO closes on the acquisition of COX MEDIA GROUP, current CMG President KIM GUTHRIE will assume a new role as CEO and continue to lead the company. The Executive Leadership Team: BRETT FENNELL – EVP & Chief Financial Officer MARIAN … more »