Your email has been successfully added to our mailing list.

×
0.00381679389312986 0.00429389312977099 0.00763358778625955 0.032442748091603 0.0701335877862595 0.0620229007633588 0.0400763358778626 0.0534351145038168
Stock impact report

Gray Television withdraws Tegna offer amid coronavirus rout -sources [Reuters]

Gray Television, Inc. (GTN) 
Last gray television, inc. earnings: 2/27 06:30 am Check Earnings Report
US:NYSE Investor Relations: gray.tv/index.php?page=financial-reports
Company Research Source: Reuters
Gray Television withdraws Tegna offer amid coronavirus rout: sources (Reuters) - Gray Television Inc ( GTN.N ) has withdrawn its offer to acquire larger peer Tegna Inc ( TGNA.N ) because of concerns about the impact of the coronavirus outbreak on U.S. regional TV station operators, people familiar with the matter said on Tuesday. Gray had offered to buy Tegna for about $8.5 billion, including debt, Reuters reported earlier this month. After Gray’s stock tumbled on the news and concerns about the coronavirus pandemic’s financial impact became widespread, the Atlanta-based company decided this was not the time to pursue the transformative acquisition, one of the sources said. Private equity firm Apollo Global Management Inc ( APO.N ) and media mogul Byron Allen, which also had made $20-per-share all-cash offers for Tegna, remain in contention to buy the company and deal negotiations are continuing, the sources said. Tegna has been engaging with bidders and allowing them to carry o Show less Read more
Impact Snapshot
Event Time:
GTN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GTN alerts
Opt-in for
GTN alerts

from News Quantified
Opt-in for
GTN alerts

from News Quantified