M&A Deal Summary

TEGNA Acquires Ripple6

On November 13, 2008, TEGNA acquired media company Ripple6

Acquisition Highlights
  • This is TEGNA’s 7th transaction in the Media sector.
  • This is TEGNA’s 15th transaction in the United States.
  • This is TEGNA’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2008-11-13
Target Ripple6
Sector Media
Buyer(s) TEGNA
Deal Type Add-on Acquisition

Target

Ripple6

New York, Nebraska, United States
website
Ripple6, Inc. helps marketers and publishers implement their business strategy through social media. The company provides an enterprise white label social media platform to create consumer engagements and relationships, enable social marketing, generate consumer insights, and facilitate commerce and collaboration. It is easily customized to incorporate a brand's look and feel for integration into an existing web site or to create an entirely new site.

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Buyer(S) 1

Buyer

TEGNA

Tysons, Virginia, United States

website

Category Company
Founded 1906
Sector Media
Employees6,430
Revenue 2.9B USD (2020)
DESCRIPTION

TEGNA is a diversified media company. The Company operates through two business segments, Media and Digital. The Media segment comprises of 46 television stations in 38 markets. The Digital segment consists of the Cars.com (formerly Classified Ventures LLC) and CareerBuilder businesses. TEGNA, Inc. was formerly known as Gannett Co. TEGNA was originally established in 1906 and is based in Tysons, Virginia.

DEAL STATS #
Overall 15 of 26
Sector (Media) 7 of 14
Type (Add-on Acquisition) 10 of 16
State (Nebraska) 1 of 1
Country (United States) 15 of 26
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-17 Schedule Star

Wheeling, West Virginia, United States

Schedule Star is a provider of cutting-edge software package, and now a Web 2.0 internet application. More than half the country’s athletic directors count on Schedule Star every day to organize, manage and maintain their office and communicate with their students and parents.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 US Presswire

New York, New York, United States

US Presswire, LLC provides photography and image distribution services for sports images.

Buy -
Mergr

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