NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TEGNA Inc. (NYSE: TGNA) to Nexstar Media Group, Inc. (NasdaqGS: NXST). Under the terms of the proposed transaction, shareholders of TEGNA will receive $22.00 in cash for each share of TEGNA that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequ
Related Questions
How might the sale and potential regulatory scrutiny affect the valuation of comparable media and broadcasting peers?
Is the $22 per share offer fair relative to TEGNA's intrinsic value and recent trading levels?
Could the investigation by Kahn Swick & Foti delay or jeopardize the completion of the Nexstar acquisition?