TV-station owner Sinclair proposes merger with Tegna, WSJ reports-March 2024-www.financetom.com

TV-station owner Sinclair proposes merger with Tegna, WSJ reports

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TV-station owner Sinclair proposes merger with Tegna, WSJ reports

Aug 18, 2025 4:27 PM

Aug 18 (Reuters) - TV-station owner Sinclair

has offered to merge its broadcast TV business with Tegna ( TGNA )

, the Wall Street Journal reported on Monday, citing

people familiar with the matter.

Sinclair's proposed merger of its remaining broadcast TV

business with Tegna ( TGNA ) would value Tegna's ( TGNA ) shares at around $25 to

$30 apiece, the report added.

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