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SGCI Holdings III LLC, et al v. FCC
Case Number:
23-1083
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April 04, 2023
DC Circ. Rejects Appeal To Make FCC Act On $8.6B Tegna Deal
The D.C. Circuit rejected an initial bid from Standard General late Monday that sought to force the Federal Communications Commission to expedite its public interest review of the hedge fund's proposed $8.6 billion plan to take broadcaster Tegna private.
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March 31, 2023
Fund Slams FCC's Procedural Maneuvers In $8.6B Tegna Deal
Hedge fund Standard General has urged the D.C. Circuit to keep alive its bid for a court order forcing the Federal Communications Commission to make a decision on whether to approve its planned $8.6 billion takeover of broadcast company Tegna, accusing the commission of using procedural maneuvers to stall and ultimately kill the deal.