A Soo Kim/Apollo Deal For TEGNA Is Done. Changes are Coming


On Monday (2/28), TEGNA will release its fourth quarter 2021 earnings and host an earnings call including such C-Suite leaders as Lynn Beall, Victoria Harker and CEO Dave Lougee.

In addition to discussing its financial performance during the quarter, the company formerly known as Gannett could discuss some much bigger news on that day.

It will involve Lougee’s pending departure, and it could include an individual who until recently was viewed as a dissident shareholder.

Majority control in TEGNA, pending regulatory approval, is to be sold to a partnership involving Soohyung Kim and the majority shareholder in Cox Media Group. 

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