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Home » TEGNA to Acquire 11 TV Stations in Eight Markets

Capitol Communicator reports that Tegna, based in Tysons, VA, will be acquired for $5.4 billion by Standard General L.P.

TEGNA to Acquire 11 TV Stations in Eight Markets

by | Mar 20, 2019

TEGNA Inc., has entered into an agreement to acquire 11 local television stations in eight markets, including eight Big Four affiliates, for $740 million in cash.

The proposed transaction with Nexstar Media Group will add complementary markets to TEGNA’s existing portfolio of top network affiliates, including four affiliates in presidential spending battleground states.

Television stations to be acquired by TEGNA, which is based in McLean, VA, include: WTIC/WCCT in Hartford-New Haven, CT; WPMT in Harrisburg-Lancaster-Lebanon-York, PA; WATN/WLMT in Memphis, TN; WNEP in Wilkes Barre-Scranton, PA; WOI/KCWI in Des Moines-Ames, IA; WZDX in Huntsville-Decatur-Florence, AL;  WQAD in Davenport, IA,  and Rock Island-Moline, IL; and KFSM in Ft. Smith-Fayetteville-Springdale-Rogers, AR.

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Capitol Communicator

Capitol Communicator is a unique online and offline resource for Mid-Atlantic advertising, marketing, public relations, digital and media communications professionals. The e-magazine, e-newsletters and events bring together communications professionals, fostering community and providing important information; news; trends; education; and opportunities for networking, career enhancement, business exchange and showcasing great work. Visit www.capitolcommunicator.com to learn more.

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