So apparently they didn't take Byron Allen's bid seriously. He showed no
proof of having the money.
And a bid from another suitor hit a snag.

https://nypost.com/2021/12/10/tegnas-talks-to-sell-tv-empire-for-8-4-billion-hits-roadblock/

On Fri, Dec 3, 2021, 10:21 AM Steve Timko <[email protected]> wrote:

>
> https://www.reuters.com/business/media-telecom/media-mogul-byron-allen-raises-10-billion-tegna-bid-debt-refinancing-sources-2021-11-05/
>
>
>
> Tegna has fallen in hard  times. They were once part of Gannett. They spun
> off the TV stations and were looking for a suitor.
> No takers.
> After the second failed marriage attempt, the Tegna boss said, in effect,
> We may be easy but we're not cheap.
>
>

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