WASHINGTON, D.C.—Curtis LeGeyt, president and CEO of the National Association Of Broadcasters has issued a strong rebuke to the FCC regarding its handling of Standard General’s proposed acquisition of Tegna.
LeGeyt’s criticism follows a number of others who have expressed concerns about the FCC’s unwillingness to quickly act on the deal, which was proposed more than a year ago. The deal is set to unravel unless it is approved by the FCC by May 22, when Standard General’s financial commitments to fund the deal expires.
