Standard General to Acquire TEGNA for $24.00 Per Share

Nexstar Media Group Acquires TEGNA for $6.2 Billion

August 19, 2025

Media & Entertainment

Nexstar Media Group entered into a definitive agreement to acquire all outstanding shares of TEGNA Inc. for $22.00 per share in a cash transaction valued at approximately $6.2 billion, including TEGNA’s net debt and estimated fees. The deal is expected to close in the second half of 2026 (later confirmed closed in March 2026 after FCC and DOJ approvals), creating a larger local broadcast and digital news operator.

TEGNA's Premion Acquires Octillion Media

February 1, 2024

Media & Entertainment

Premion, the CTV/OTT advertising platform owned by TEGNA Inc., has acquired Octillion Media, a next-generation demand-side platform (DSP) focused on local Connected TV/OTT advertising. The acquisition brings Octillion's technology and employees into Premion to expand local CTV product capabilities, improve operational efficiency and drive growth; TEGNA funded the deal with cash and expects it to be accretive within 12 months.

Nielsen Holdings To Be Acquired in $16B All-Cash Takeover Led by Evergreen Coast Capital and Brookfield Business Partners

March 29, 2022

Data & Analytics

Nielsen Holdings plc entered into a definitive agreement to be acquired by a private equity consortium led by Evergreen Coast Capital Corporation (affiliate of Elliott Investment Management) and Brookfield Business Partners, along with institutional partners. The deal is an all-cash transaction valued at about $16 billion (approximately $28 per share), subject to shareholder and regulatory approvals and other customary closing conditions.

TEGNA Acquires Locked On Podcast Network

January 27, 2021

Media & Entertainment

TEGNA Inc. acquired Locked On Podcast Network, a national sports podcast network producing daily local team-centric shows and league-wide programs. The acquisition expands TEGNA's podcast and digital sports footprint and will have Locked On operate as a standalone business within TEGNA; financial terms were not disclosed.

Allstate Acquires National General Holdings

July 7, 2020

Insurance

The Allstate Corporation agreed to acquire National General Holdings Corporation for approximately $4.0 billion in cash (total $34.50 per share including expected closing dividends), a transaction expected to close in early 2021 subject to regulatory approvals. The deal expands Allstate's personal lines premiums by about $4.0 billion, increases market share among independent agent distribution, and is expected to be accretive to adjusted net income per share and ROE in the first year.

TPG Acquires AT&T's Remaining 70% Stake in DIRECTV

September 30, 2024

Media & Entertainment

TPG (through its TPG Capital private equity platform) has acquired AT&T’s remaining 70% stake in DIRECTV, making DIRECTV a wholly owned portfolio company of TPG Capital. The transaction provides DIRECTV with a stronger financial platform to accelerate investments in its next-generation streaming and video services; AT&T is expected to receive approximately $7.6 billion in cash payments through 2029 under the deal terms.