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Standard General, Tegna deal secures support from union representing 168,000 Tegna employees

( April 17, 2023, 19:34 GMT | Official Statement) -- MLex Summary: Standard General has secured the support of a large union representing around 168,000 Tegna employees in connection with its efforts to close the Tegna deal. The International Alliance of Theatrical Stage Employees today announced supports the deal after Standard General made additional commitments to union employees, including promises not to conduct layoffs for three years, additional funding for local newsrooms, and a $5 million local journalism grant. Statement follows in full. ...

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