Friday, March 6, 2020

Stock Alert: TEGNA Shares Up 28% On Reported Gray Television Offer

Shares of TEGNA Inc. (TGNA) are rising above 28% in pre-market today, after Reuters reported that U.S. regional TV station operator Gray Television Inc. has made an offer to acquire Tegna Inc. for about $8.5 billion, including debt, citing people familiar with the matter.

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