79.1 F
Fort Worth
Saturday, September 19, 2020
- Advertisements -
Culture WFAA owner sees stock fall

WFAA owner sees stock fall

Other News

Book celebrates defunct newspaper on anniversary of demise

By ANDREW WELSH-HUGGINS Associated PressCOLUMBUS, Ohio (AP) — The Vindicator in Youngstown, a 150-year-old paper that shut down last year because of...

D Magazine founder Wick Allison dies

D Magazine founder and longtime publisher Wick Allison died Sept. 1 after a lengthy battle with cancer, according to a story in...

Fortress Festival team launching Fort Worth-based creative agency

The team behind Fortress Festival is launching Fortress Creative, a new full-service creative agency focused on serving brands and local businesses.

Local agencies take home national honors at AAF program

Balcom Agency wins five silver awards Balcom Agency, a Fort Worth agency founded in...

Shares in Tegna fell by the most since the 2009 financial crisis after the owner of Dallas’ WFAA Channel 8 and about 60 other local broadcast channels said two potential buyers had abandoned their bids to acquire the company. The Tysons, Virginia-based company was spun out of newspaper publisher Gannett in 2015. It owns television stations in 51 markets, including Denver, San Diego and Atlanta.

Out of four unsolicited takeover bids Tegna received in recent weeks, two “informed Tegna that they were ceasing discussions” after stock markets sank amid the widening pandemic. The other two parties “have not delivered any information on financing sources,” Tegna said. Tegna shares soared 33% earlier this month following reports of a possible takeover. The stock closed down 19% Monday at $10.68.

- Advertisements -
- Advertisements -

Latest News

Ginsburg, a feminist icon memorialized as the Notorious RBG

By MARK SHERMAN Associated PressWASHINGTON (AP) — Supreme Court Justice Ruth Bader Ginsburg moved slowly.When court was in session, she often had...

Magnolia at the Modern returns (with masks)

 Magnolia at the Modern, an ongoing series featuring critically acclaimed films, resumes on Friday, September 18, in the Modern’s auditorium. New adjusted showtimes:

Jude Law, Carrie Coon on the moody marital drama ‘The Nest’

By LINDSEY BAHR AP Film WriterCarrie Coon so badly wanted the slow-burn familial drama "The Nest" to be made, she told its...

National memorial to President Eisenhower dedicated

After several delays, a national memorial to President Dwight Eisenhower will open in Washington D.C.The memorial to...

What to Know: The Ugly American, relaxed restrictions and I know where Greggo is!

Remember the movie The Ugly American? It was from the 1960s and all I remember is adults watching it...