Announced
Completed
Synopsis
TEGNA, an American publicly traded broadcast, digital media and marketing services company, completed the acquisition of Justice and Quest, 24/7 multicast networks, from Cooper Media for $77m. “Consumer viewing habits are shifting toward over-the-air consumption supplemented by inexpensive over-the-top services. Justice and Quest allow us to fully capitalize on the growth in over-the-air television audiences, which has increased by more than 48 percent over the past eight years,” Dave Lougee, TEGNA President and CEO.
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