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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

Tegna Reports Lower Q1 Earnings As Standard General Deal Nears Expiration

Tegna HQ in McLean, VIrginia

Tegna reported lower first-quarter earnings as it weighs its options regarding its soon-to-expire agreement to be acquired by Standard General.

In announcing its earnings Tegna reviewed the latest developments in the effort to get the transaction through what has been a lengthy regulatory review, including a the court of appeals denying a petition for a writ of mandamus compelling the FCC to vote on the deal.

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