(edited from TVSpy.com) - Media giant Gannett is splitting into two publicly traded companies. The new one is TEGNA, encompassing Gannett’s 46 TV stations and digital properities. The other will keep the name Gannett and will focus on its publishing companies.
“TEGNA is a nod to the more than 100 year-old history of Gannett. While always reminding us where we came from, the new name also shows our innovative spirit and commitment to being a forward-looking company that empowers people, businesses and communities to grow and thrive,” said Gracia Martore, Gannett president and CEO….Cont….