PHILADELPHIA, April 16, 2022 (Globe NEWSWIRE) — Kaskela Regulation LLC announces that it is investigating TEGNA Inc. (NYSE: TGNA) on behalf of the company’s stockholders.
On February 22, 2022, TEGNA announced that it experienced agreed to be acquired by private investment decision agency Standard Typical. According to the announcement, TEGNA stockholders are anticipated to acquire $24.00 for each share in funds for their TGNA shares of inventory. Adhering to the proposed transaction, shares of TEGNA’s stock will no more time be publicly traded.
The investigation seeks to establish whether or not the members of TEGNA’s Board of Administrators violated the securities laws or breached their fiduciary responsibilities by failing to improve the buyout price tag for TGNA buyers, and whether TEGNA shareholders are staying furnished with all substance facts about the proposed transaction.
TEGNA shareholders are encouraged to make contact with Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 – 0750, or by electronic mail ([email protected]) or on the net at https://kaskelalaw.com/instances/tegna/ , for supplemental details about this investigation and their legal rights and solutions.
Kaskela Regulation LLC represents traders in securities fraud, corporate governance, and merger & acquisition litigation. For further information and facts about Kaskela Regulation LLC please check out www.kaskelalaw.com. This observe could constitute legal professional promoting in specific jurisdictions.
Make contact with:
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA Regulation LLC
18 Campus Blvd., Suite 100
Newtown Sq., PA 19073
(484) 229 – 0750
(888) 715 – 1740