SEC Comment Letter for TEGNA INC (TGNA) (CIK 0000039899) (TGNA) — Mar 4, 2020
TEGNA INC (TGNA) (CIK 0000039899)
Date: March 4, 2020 · CIK: 0000039899 · Accession: 0000000000-20-001986
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March 4 , 2020
Via E -mail
Warren S. de Wied, Esq.
Fried, Frank, Harris, Shriver & Jacobson LLP
One New York Plaza
New York, NY 10004
Re: TEGNA Inc.
Soliciting M aterials filed pursuant to Rule 14a -12
Filed February 28, 2020 by Standard General L.P., et al.
File No. 001 -06961
Dear Mr. de Wied :
We have reviewed the above -captioned filing and have the following comment.
1. We note your assertion that TEGNA’s board of directors does not have a single independent
director with industry operating experience . This appears to conflict with TEGNA’s
disclosures that its board is comprised of “industry leaders ” with “significant ex perience ” in
broadcasting. With a view toward enhanced disclosure in future filings, please provide us
with the factual foundation for your assertion about the board .
* * *
Please direct any questions to me at (202) 551 -7951. You may also contact Daniel
Duchovny, Special Counsel, at (202) 551 -3619 .
Sincerely,
/s/ Joshua Shainess
Joshua Shainess
Special Counsel
Office of Mergers and Acquisitions