standard general
TV station operator Tegna scraps $8.6B merger with hedge fund
The deal attracted criticism from some members of Congress, including then-House Speaker Nancy Pelosi, on concerns of potentially higher TV prices for consumers and job losses.
Dem senator rips FCC 'inaction' on Tegna deal, vows to derail key confirmation: sources
New Jersey Sen. Bob Menendez railed on the Senate floor about the FCC jeopardizing the offer by Soo Kim’s Standard General to buy Tegna, the owner of 64 television stations,...
Byron Allen again courting Dems in bid to derail TV-station buyout: report
Allen has become the “Forrest Gump” of the proposed merger, seemingly making an appearance at every turn of events in this deal’s cycle, Washington Analysis wrote.
Dov Charney's ex-lawyer scores win over fallen clothing magnate's LA mansion
Under his bankruptcy plan, Charney has agreed to abandon his 20-room house in the Silver Lake neighborhood of LA, a source close to the situation said.
Soo Kim's hedge fund partners with Apollo to buy Tegna TV empire for $8.7B
Tegna — spun off from newspaper giant Gannett in 2015 as a separate, publicly traded company — operates 64 TV and 2 radio stations across 54 US markets.
Standard General, Apollo close in on $9B deal for Tegna takeover: sources
Standard General and Apollo Global Management are closing in on a roughly $9 billion deal for television station owner Tegna, sources close to the situation say.
Tegna's talks to sell TV empire for $8.4 billion hit roadblock
TV-station empire Tegna has hit a roadblock in negotiations with suitors who are looking to buy the company in a deal worth $8.4 billion, sources close to the situation said.
TV-station empire Tegna raises antitrust concerns over possible buyout bid
An auction of the Tegna TV-station empire has been thrown into doubt as the company has questioned whether a prospective sale to a leading bidder would face antitrust concerns from...
Apollo, Standard General make $8B bid for Tegna TV stations: sources
Apollo Global Management teamed with Standard General on Monday to make a binding bid that topped $8 billion for local TV station owner Tegna, sources close to the matter said.
TV giant Tegna faces discrimination accusations ahead of shareholder vote
A hedge fund that's looking to shake up the board at TV-broadcasting giant Tegna is pointing to allegations of sex discrimination and racial bias across the company, including accusations detailed...
Nexstar ‘Muses’ buyout of Media General
Nexstar Broadcasting met this week with Media General director John Muse in an attempt to negotiate a buyout of the Richmond, Va., company, The Post has learned. Media General, by...
Suit says hedge fund purposely pushing American Apparel to bankruptcy
Dov Charney, the ousted chief executive of American Apparel, could be vindicated if the latest shareholder lawsuit against the company — the fourth in three weeks — has merit. The...
Hedge fund has unfair edge in RadioShack auction: creditors
RadioShack marched toward its bankruptcy filing in slow motion — but now a controversial hedge fund wants to press the “fast-forward” button on an auction of its assets. New York-based...
Creditors want hedge funds probed in RadioShack's fall
A legal battle royal is threatening to break out in the RadioShack bankruptcy — and Princess Leia of “Star Wars” fame has entered the picture. “Some rescue,” lawyers for unsecured...
Can you save me now? RadioShack plays hardball with cell carriers
RadioShack is locked in hardball negotiations with cellular phone providers as it scrambles to avoid a bankruptcy filing, The Post has learned. The cash-strapped electronics retailer, which generates nearly half...
Lender sends mixed signals about RadioShack's bankruptcy
RadioShack is confused by the mixed signals of a lender that flip-flopped to push the troubled retailer into bankruptcy. Salus Capital — which joined Cerberus Capital Management — now claims...
RadioShack stocks plummet after lenders claim breach
RadioShack is getting static from its lenders again — and at the worst possible time. The cash-strapped electronics chain said it got a notice from lenders Salus Capital and Cerberus...
American Apparel turned over to NY hedgies; Dov 'consulting'
American Apparel’s board has finally inked a deal to give control of the retailer to a New York hedge fund — and has given controversial founder Dov Charney a temporary...
American Apparel, hedge fund locked in negotiations
American Apparel was locked in negotiations Tuesday evening to finalize a deal to hand control of the board to a New York hedge fund in order to avert a liquidity...
Deal saves American Apparel; control goes to NY hedge fund
American Apparel has reached a preliminary agreement to transfer control of the board to a hedge fund following the company’s ouster of controversial founder Dov Charney, The Post has learned....