TEGNA: Cost Controls And Potential Dealmaking Make Shares Attractive

Core Viewpoint - TEGNA Inc. (NYSE: TGNA) shares have increased by 14% over the past year, primarily driven by expectations of relaxed station ownership rules following the 2024 election, which may lead to potential mergers and acquisitions [1] Company Performance - TEGNA's stock performance has been solid, with a notable gain of 14% in the last year [1] - The increase in stock value is largely attributed to market optimism regarding changes in ownership regulations that could facilitate M&A activity [1]