Home Hedge Funds Common Cause Files FCC Petition Opposing Tegna Merger

Common Cause Files FCC Petition Opposing Tegna Merger

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WASHINGTON, D.C.—Common Cause and UCC Media Justice have filed a petition with the Federal Communications Commission (FCC) asking the agency to deny the proposed $8.6 billion merger of Apollo Global Management, Standard General L.P., and Tegna.

If approved Standard General would acquire Tegna’s 61 full power television stations and two radio stations across 50 markets. Apollo will control the licenses of 31 full-power television stations in 26 markets and 54 radio stations in 11 radio markets.

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