Bidding war heats up for Tegna television stations
A pair of unsolicited offers made late last week could bring new ownership to a local television station near you.
Cox Media Group
Cox Media Group (CMG Media Corporation) is an American mass media conglomerate that operates broadcast radio and television stations. The brand is majority-owned by investment firm Apollo Global Management, with Cox Enterprises holding a minority stake in the venture. Cox Media Group operates a dozen full-power television stations in nine regional markets, one low-power television station and more than 80 AM and FM radio stations. It also owns the Pittsburgh Cable News Channel. The company is headquartered in Atlanta.