
WASHINGTON, D.C.—With time running out on the financial commitments needed to fund Standard General’s proposed $8.6B acquisition of Tegna, Standard General has announced that it has made additional commitments to advance diversity and is reporting new support from civil rights groups and political leaders for the Tegna deal.
Standard General and a coalition of leading civil rights organizations announced the signing of a new memorandum of understanding (MOU) to further strengthen Standard General’s commitments to diversity and inclusion for its pending acquisition of Tegna.