Gannett To Spin Off Broadcast Business Into New Company Called Tegna
Gannett’s broadcasting and digital spinoff will be called Tegna, Gannett said in a news release Tuesday. Gannett is creating two publicly traded spinoffs: one focused on its publishing business, and Tegna, the name of which comes by rearranging the letters…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
in "Gannett" and dropping the double letters, a spokesman told us. “TEGNA is a nod to the more than 100 year-old history of Gannett,” said the release. The publishing business and its affiliated digital assets will retain the Gannett name once the spinoff is completed in mid-2015, Gannett said. It said Tegna will include 46 TV stations and be “the largest independent station group of major network affiliates in the top 25 markets.”