Standard General to Acquire TEGNA for $24.00 Per Share

TEGNA's Premion Acquires Octillion Media

February 1, 2024

Media & Entertainment

Premion, the CTV/OTT advertising platform owned by TEGNA Inc., has acquired Octillion Media, a next-generation demand-side platform (DSP) focused on local Connected TV/OTT advertising. The acquisition brings Octillion's technology and employees into Premion to expand local CTV product capabilities, improve operational efficiency and drive growth; TEGNA funded the deal with cash and expects it to be accretive within 12 months.

Affiliates of Apollo Global Management Acquire Majority Stake in Cox Media Group

December 17, 2019

Media & Entertainment

Affiliates of Apollo Global Management completed the acquisition of a majority interest in Cox Media Group from Cox Enterprises, with Cox retaining a minority stake. The deal transfers ownership of CMG’s television and radio stations, Ohio newspapers, CoxReps and Gamut digital/OTT advertising businesses to the Apollo-backed company, which will continue to operate as Cox Media Group headquartered in Atlanta, Georgia.

Apollo Funds to Acquire Tenneco for $7.1 Billion

February 23, 2022

Manufacturing

Funds managed by affiliates of Apollo Global Management will acquire automotive parts manufacturer Tenneco in an all-cash transaction valuing the company at approximately $7.1 billion including debt. Tenneco shareholders will receive $20.00 per share (a roughly 100% premium), and the company will be taken private to allow Apollo to invest in its product categories and global operations.

TEGNA Acquires Locked On Podcast Network

January 27, 2021

Media & Entertainment

TEGNA Inc. acquired Locked On Podcast Network, a national sports podcast network producing daily local team-centric shows and league-wide programs. The acquisition expands TEGNA's podcast and digital sports footprint and will have Locked On operate as a standalone business within TEGNA; financial terms were not disclosed.

TPG Acquires AT&T's Remaining 70% Stake in DIRECTV

September 30, 2024

Media & Entertainment

TPG (through its TPG Capital private equity platform) has acquired AT&T’s remaining 70% stake in DIRECTV, making DIRECTV a wholly owned portfolio company of TPG Capital. The transaction provides DIRECTV with a stronger financial platform to accelerate investments in its next-generation streaming and video services; AT&T is expected to receive approximately $7.6 billion in cash payments through 2029 under the deal terms.

Blue Ocean Acquisition Corp Merges with TNL Mediagene; TNL Mediagene Lists on NASDAQ

December 5, 2024

Media & Entertainment

TNL Mediagene completed its previously announced business combination with special-purpose acquisition company Blue Ocean Acquisition Corp and began trading on NASDAQ under the ticker TNMG on December 6, 2024. The combined company is a pan-Asian digital media and data group operating brands in Japan and Taiwan and offers advertising technology, data products, events and e-commerce services to advertisers and consumers.