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    TV-station owner Sinclair proposes merger with Tegna, WSJ reports

    Picture of Sinclair logoSinclair
    19/08/2025 24:12
    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.

 (Reporting by Devika Nair in Bengaluru; Editing by Alan Barona)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))

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