Announced
Financials
Tags
Friendly
Single Bidder
United States
Domestic
media solutions
Acquisition
Majority
Radio and TV Broadcasters
Private
Pending
Synopsis
Cox Media, a media conglomerate, agreed to acquire the Austin, Texas, Dallas and Houston stations of TEGNA, a broadcast, digital media and marketing services company. Financial terms were not disclosed. "We will be pleased to welcome the strong talent at CNM and at TEGNA's stations in Austin, Dallas and Houston into the CMG family. The opportunity to grow in these CNM and Texas markets further complements CMG's existing core strengths," Dan York, CMG President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.