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Report: Private equity firm to buy WWL-TV parent company

Report: Private equity firm to buy WWL-TV parent company
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A private equity firm is buying Tegna Inc., the parent company of New Orleans television stations WWL and WUPL, and 63 other TV stations in the U.S., according to The Times-Picayune | New Orleans Advocate.

Standard General L.P. will pay $8.6 billion for the broadcast group.


The deal must still be approved by Tegna shareholders and regulators. If approved, it is expected to close in the latter half of 2022.

WWL-TV and WWL Radio are owned by separate companies.

Click here to read more from The Times-Picayune | New Orleans Advocate.