TEGNA (TGNA) Will Spin-off Cars.com, Evaluate Options for CareerBuilder
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TEGNA to Create Strong, Market-Leading Broadcast and Digital Companies; Plans to Spin off Cars.com to TEGNA Shareholders
September 7, 2016 7:01 AM EDTWill Also Evaluate Strategic Alternatives for CareerBuilder
Gracia Martore to Retire as TEGNA President and CEO upon Close of Spin-off; Dave Lougee to Become CEO & President of TEGNA; Alex Vetter to Serve as CEO & President of Cars.com
MCLEAN, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced it intends to spin-off Cars.com from TEGNA, creating two independent publicly traded companies: TEGNA, the largest independent broadcast station group among major network affiliates in the top 25 markets, and Cars.com, a top online... More
