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Sources: Sinclair has proposed merging its broadcast TV business with Tegna, in a deal valuing Tegna shares at ~$25-$30 apiece; TGNA closed Monday at $20.18 (Wall Street Journal)

Mediagazer · last updated

Wall Street Journal:
Sources: Sinclair has proposed merging its broadcast TV business with Tegna, in a deal valuing Tegna shares at ~$25-$30 apiece; TGNA closed Monday at $20.18  —  Nexstar Media Group has already been in talks to buy Tegna  —  Sinclair , one of the country’s largest owners of local television stations …

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