TV-station owner Sinclair proposes merger with Tegna, WSJ reports
ReutersAug 18, 2025 11:12 PM
Aug 18 (Reuters) - TV-station owner Sinclair SBGI.O has offered to merge its broadcast TV business with Tegna TGNA.N, 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 would value Tegna's shares at around $25 to $30 apiece, the report added.
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