TV station group Tegna was drawn squarely into the spotlight on Friday amid reports that the broadcaster has received multiple acquisition offers. Tegna shares soared 26.5% in trading Friday after Reuters reported that the company has received an $8.5 billion acquisition bid from Atlanta-based Gray Television valuing Tegna at $20 a share. 6 more words

via Tegna TV Station Group Draws Multiple Acquisition Offers — Variety