M&A Deal Summary

TEGNA Acquires BLiNQ Media

On August 21, 2012, TEGNA acquired marketing company BLiNQ Media

Acquisition Highlights
  • This is TEGNA’s 3rd transaction in the Marketing sector.
  • This is TEGNA’s 18th transaction in the United States.
  • This is TEGNA’s 1st transaction in Georgia.

M&A Deal Summary
Date 2012-08-21
Target BLiNQ Media
Sector Marketing
Buyer(s) TEGNA
Deal Type Add-on Acquisition
Advisor(s) AdMedia Partners, Inc. (Financial)

Target

BLiNQ Media

Atlanta, Georgia, United States
BLiNQ Media LLC is a social engagement advertising media and technology company.

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Buyer(S) 1

Buyer

TEGNA

Tysons, Virginia, United States
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 18 of 26
Sector (Marketing) 3 of 3
Type (Add-on Acquisition) 13 of 16
State (Georgia) 1 of 2
Country (United States) 18 of 26
Year (2012) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-25 The Big Lead

New York, New York, United States

The Big Lead operates as a sports blog. The Big Lead develops custom digital sports marketing programs. The Big Lead was founded in 2006 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-06 Mobestream Media

Dallas, Texas, United States

Mobestream Media, Inc.,maker of the Key Ring consumer rewards mobile platform (“Key Ring”) available on all major smartphones. Provides applications to store cards on mobile phones.

Buy -
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