Standard/Tegna Deal Under Foreign Ownership Committee Review

The Committee for the Assessment of Foreign Participation in the U.S. Telecommunications Services Sector is reviewing Standard General’s $8.6 billion proposed buy of Tegna and the related foreign ownership request, said a DOJ letter posted in docket 22-166 Wednesday (see 2204220062). “The Commission will be notified when the Chair has determined that responses to the Committee’s initial request for information are complete and the 120-day initial review period can begin,” the letter said.