GIVING UP THE LEGACY TO TEGNA

The Wolfe media dynasty is approaching the door into history.

And Tegna’s buying binge continues.

Selling price: $535 million.

The Wolfe family’s media company influenced Ohio’s capital city for more than a century.

Tegna announced the sale that includes Columbus’ top-rated WBNS and WBNS-AM and WBNS-FM radio and top-rated WTHR in Indianapolis.

Back  in 2015, Dispatch sold “The Columbus Dispatch” newspaper to GateHouse Media for $47 million.

Tegna owns 49 television stations in 41 markets.

More News from Wednesday, June 12, 2019