Nexstar to close Tribune Media deal on Thursday: memo
Chief Executive Peter Kern is also expected to depart the combined company shortly after the deal closes, according to the memo.
TEGNA ($TGNA) is a local broadcast company that operates more than five dozen local television stations in 66 markets across the country. The company is based in Arlington County, Virginia.
Until 2015, TEGNA was part of Gannett Company.
Chief Executive Peter Kern is also expected to depart the combined company shortly after the deal closes, according to the memo.
A Chicago-area media expert with previous television news experience has been tapped to lead the newsroom at Sacramento’s ABC10.
A San Diego TV executive is among more than 50 people across the country to face felony criminal charges related to a widespread college admissions cheating scandal.
TEGNA, the television broadcast company that separated from Gannett earlier this summer, has yanked dozens of local channels from satellite provider Dish Network.