Standard General Responds to TEGNA`s Attempt to Deflect Attention from Sustained Underperformance
(World News USA)

NEW YORK, April 9, 2020 /PRNewswire/ -- Standard General L.P. today responded to the misleading 44-page investor presentation and shareholder letter issued by TEGNA Inc. (`TEGNA` or the `Company`). Standard General released the following response: `We are disappointed that TEGNA has attempted to deflect attention from the real issues in this proxy contest by issuing baseless attacks against the Company`s largest shareholder. The real issues in this proxy contest are TEGNA`s sustained underperformance, strategic missteps, and corporate governance deficiencies. Our focus is on transforming TEGNA into the top-tier operator it should be and creating value for all TEGNA shareholders through the...