The Last Gasp on the Tegna Deal

Standard General met with the FCC on Thursday in a last-ditch effort to get the Tegna deal pushed through before the May 22nd drop dead date.

The hedge fund has made a number of concessions to the FCC in order to try and get this deal done.

While many thought the deal was dead, the fact that the FCC let Standard General make this last push could get the deal done in the 11th hour.

I know it has been hard on Tegna employees wondering if they were getting a new owner or not.

We’ll see if Soo Kim’s deal to buy Tegna is approved.