Tegna Deal: Standard General Files Lawsuit Against FCC
Wants the court to review of Media Bureau’s decision that could kill its $8.6B acquisition of Tegna
Source: tvtechnology.com
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The FCC's quiet power grab
In February 2022, investment firm Standard General announced its $8.6 billion acquisition of TEGNA Inc., which owns 64 television stations in 51 US markets. A year later, however, the deal remains buried deep in the bowels of the Federal Communications Commission (FCC), another invisible victim of the bureaucratic black arts.
Source: washingtonexaminer.com
Standard General sues FCC for referring TEGNA deal to hearing
The front of the Federal Communications Commission building in Washington, D.C. (FCC public domain image) Hedge fund Standard General has filed a lawsuit…
Source: biztoc.com
Broadcast ownership stories at Techdirt.
Posts about broadcast ownership written by Karl Bode
Source: techdirt.com
Standard General Petitions FCC to Rescind Media Bureau's Decision for Judicial Review
Claim's that 'time is of the essence' to approve $8B merger with Tegna
Source: tvtechnology.com